Czech Republic Petrochemicals Report Q4 2013

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Czech Republic Petrochemicals Report Q4 2013 Aug 21st 2013, 00:00 Price: $ 1295   The Czech petrochemicals industry is likely to witness pressure on margins amid disappointing sales that will lead to cuts in output in 2013, according to BMI forecasts. The situation is likely to be sustained going forward with the slump in car production and lacklustre performance in household consumption, which will keep domestic consumption down. Forecasts are not supportive of the Czech petrochemicals industry's bid for expansion, even if modest. Based on the latest production indices published by the Czech Statistical Office, BMI estimates that in the first five months of 2013, chemical output fell 5.2% year-on-year and rubber and plastic declined 3.4%. Figures for June and July are likely to be affected by the flooding of the Elbe River, which disrupted operations in the Czech chemica ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/268321.html

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