Chemical plant closures in Europe have increased sixfold since 2022, reaching a cumulative 37 Mt of capacity, or around 9% of European production capacity, and resulting in the loss of 20,000 direct jobs in the chemical industry, revealed a new report published on Wednesday 28 January, by Cefic, the forum for the EU chemical industry.
“In addition to the 20,000 direct job losses, an estimated 89,000 indirect jobs are at risk across Europe, reflecting the chemical industry’s central...