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Article: Eastern Germany Seeks to Build a Spot on the Chemical Map.
- Article from:
- Chemical Market Reporter
- Article date:
- November 9, 1998
- Author:
CopyrightCOPYRIGHT 1998 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Eastern Germany is attracting chemical investment, but accounts for a relatively small part of total German chemical sales.
Although chemical investment in eastern Germany has trailed that of western Germany and western Europe, the German government has made a concerted effort to increase investment. Investment is up in the region, attracting such producers as Dow Chemical, Bayer and BASF, although sales from eastern Germany still account for only a small percentage of overall German chemical sales.
Sales of chemicals from eastern Germany were just under DM 10 billion ($6 billion) last year, a 15 percent increase over 1996, and the highest level since ...