CHEMICAL INDUSTRY GERMANY

‘Gloomy mood' in the ‘autumn of reforms' / Production significantly below previous year's level – VCI

TRADE WAR

EU, US strike 15% tariff deal / Zero-for-zero tariffs agreed for some strategic products

EU POLICY

Commission presents new seven-year budget / Council, Parliament oppose taxation plans

PLASTICS ECONOMY GERMANY

Hope as a guiding principle / Plastics industry takes cautious “wait and see” approach / Sales volumes and prices remain problematic / One third satisfied with new government – KI Dialog survey

TRADE WAR

Some EU states want massive response to US tariffs – reports / Berlin, Paris prefer major pushback / Japan settles for 15%

CHEMICAL INDUSTRY GERMANY

VCI half-year review: production, sales decline again / “Deindustrialisation is a fact”

GERMAN ECONOMY

Economists raise growth outlook / Government spending to boost output / Investors look to Europe

GLOBAL ECONOMY

US halts support for Ukraine, threatens EU with tariffs / Member states, Brussels counter with huge spending plans / Plastics groups in US, Canada raise concerns

EDITORIAL

After a political earthquake, the plastics industry sits somewhere between relief and trepidation

GKV

German plastics converters' association MD Große-Wilde takes over all tasks and functions from Möllenstädt