German Chemical Investment Falls A Third Straight Year
VCI President Markus Steilemann says firms are merely restocking against feared Gulf war supply gaps, not truly recovering.
- Production fell 3% year over year in the first half of 2026.
- Revenue slipped 1% to 106 billion euros over the same six months.
- Investment dropped 15% versus 2023, a third consecutive year of decline.
Why it matters: Filling warehouses against a feared war is caution, not the capital spending a recovery requires.
VCI (German Chemical Industry Association) half-year press release ↗ · Jul 16, 20267/16/26 · ✓ Checked✓ Check