Germany's crisis-hit chemical industry seeks revival

Tamara Ceaikovski

Germany's chemical sector stands as a core pillar of the nation's economy, ranking third after automotive and mechanical engineering. It generates hundreds of billions in annual revenue and directly employs about half a million people.   The industry, however, has been beset by crisis in recent years, weighed down by high energy costs , growing regulatory burdens, a persistently weak economy , and intense competition from abroad. Chemical production requires large amounts of energy, not just

Germany's crisis-hit chemical industry seeks revival http://www.dw.com - 18.05.2026 10:20

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Germany's crisis-hit chemical industry seeks revival http://www.dw.com - 18.05.2026 10:20