German Chemical Lobby Sees No Recovery in 2026
The German chemical industry association VCI stated that sector output will not rebound this year. It cited ongoing effects from the Middle East conflict and weak demand.
ecns.cnThe group said the Middle East conflict continues to weigh on business conditions and that demand remains weak.
VCI noted that production volumes have not returned to pre-conflict levels. The association added that companies face higher input costs and uncertain supply routes.
stated that investment plans are being scaled back for the remainder of the year. The group said it will publish updated figures in its next quarterly report.
Key Facts
Potential Impact
- 01
German chemical firms may reduce capital spending for the rest of 2026.
- 02
Supply chain costs for downstream manufacturers could stay elevated.
Transparency Panel
Related Stories
The GuardianWHO Chief Visits DRC as Ebola Death Rate Reaches 30-50%
World Health Organization director-general Tedros Adhanom Ghebreyesus arrived in the Democratic Republic of the Congo to support containment of a new Ebola outbreak. The agency revised the death rate to 30-50% based on confirmed cases and recorded 10 confirmed and 223 suspected d…
westernjournal.comGreek National Charged in UK With Aiding Iran-Linked Intelligence Service
A 46-year-old Greek man living in Germany was charged under the UK National Security Act with assisting an intelligence service believed to be Iran by targeting a journalist at Iran International.
upi.comSupreme Court Revives Havana Docks Lawsuit Over Confiscated Cuban Property
The U.S. Supreme Court sent a Helms-Burton Act case back to lower courts for further argument. The suit seeks damages from cruise lines that used docks seized by Cuba in 1959.