 Home > Chemicals Industry > Rubber Plastic News > UK chemicals industry sales to rise in second quarter but margins under pressure

UK chemicals industry sales to rise in second quarter but margins under pressure

 Last Update: 2022-08-17
 Source: Internet
 Author: User

Tags

high pressure grease

chemical composition blood

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

According to ICIS London, May 6, according to the British Chemical Industry Association (CIA), the British chemical industry is expected to continue to grow sales in the second quarter on the basis of seven consecutive quarters of expansion, but profit margins are under pressu.

The CIA said: "Due to the volatile economic climate, the UK chemical industry remains relatively optimistic in the short-term at a time when some see it as difficult to do busine.

The latest results of a regular business survey underscored the industry's resilience, with sales revenue rising for most respondents in the first quarter, with strong growth in exports and the domestic market boosting production, the CIA sa.

CIA CEO Steve Elliott said: "Our industry has once again demonstrated extraordinary performance amid sharp increases in energy and raw material costs with little sign of abati.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

China Factory Supply Chimassorb 944 / UV-STABILIZER 944 / LS 944 CAS 71878-19-8

CAS No.: 71878-19-8

Industrial Grade

$7-8/KG FOB

Dibasic ester or DBE

CAS No.: 95481-62-2

$700-750/MT FOB

Best Chlorinated Paraffin CAS NO.63449-39-8

CAS No.: 63449-39-8

Industrial Grade

$400-450/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

announcements today(81)

80 20 company(94)

united states logo(227)

single use technology(195)

healthy food name(42)

ups united states(221)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.