Weak economy, high energy prices – the German chemical industry is in crisis. Companies are cutting back on systems that use a lot of electricity or gas and are choosing to invest abroad instead of at home. The Association of the Chemical Industry (VCI) expects thisthat production will fall by a tenth this year. Overall, the factories are only three-quarters full. Chancellor Olaf Scholz (SPD) is now making the future of the important industry a top priority and is inviting people to the chemistry summit in the Chancellery in two weeks. However, there are serious problems with the preparations, as an internal document shows.
Stress before the chemistry summit: There is a crunch in the preparations – economy
