GERMAN PAINT AND COATINGS INDUSTRY PLATEAUS AS POPULATION DECLINES
April 14th, 2015
This year there will not be much to write home about for the German paint and coatings industries, with demand from the decorating and DIY sectors stuck in a bit of a rut and not a noticeably better outlook in the motor industry. The Verband der deutschen Lack- und Druckfarbenindustrie (VdL), Germany’s association of the lacquer and printing ink industry, talks of a slight decline in production and stagnating domestic turnover in its report for 2015, written in January. Production is expected to be down about 1.3% from 2014 to around two million tonnes, which ...
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