Ormuz Costs the Spanish Chemical Industry 1,232 Million
2 Articles
2 Articles
Spain better resists the closure of plants thanks to renewable ones. The production of the sector will grow by 1.5% in 2026 and the turnover will reach 88,633 million, but the basic chemistry, a third of the industry, accumulates a fall of 20% since 2021
The Spanish chemical industry (CNAE 20 and 21) plans to close the year 2026 with an increase in production of 1.5% and an increase in turnover of 3.8%, to reach 88,633 million euros, mainly due to the increase in prices (+8%). However, this positive development of the whole sector continues to show important differences between its main areas of activity: it remains anchored to the Pharmachemistry and the Chemistry of Consumption and Specialties…
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