– Production drop by 8 percent
– Sales decline by 12 percent
– Forecast 2024: further sales reduction
– Policy change is needed, focusing on a competitive economy

A difficult year is coming to an end for the chemical-pharmaceutical industry. Hopes of an economic upswing have not materialised. Markus Steilem…

In the last three months of the past year, falling demand from industrial customers and declining producer prices also brought a sales decrease in Germany and abroad.

However, the outlook for the future has brightened somewhat in Germany’s third largest industry. Meanwhile, the major drop in energy…