{
  "id": 19620115,
  "title": "Third quarter: Chemical industry benefits from higher prices",
  "url": "https://urgent.news/2026/11/12/drittes-quartal-chemie-industrie-profitiert-von-hoheren-preisen",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T07:30:04.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/politik/deutschland/drittes-quartal-chemie-industrie-profitiert-von-hoeheren-preisen/100269317.html"
  },
  "original_language": "de",
  "account": "The German chemical and pharmaceutical industry has raised its sales forecast for the current year to 3.5% growth, up from 2.5%, according to the Verband der Chemischen Industrie (VCI) in Frankfurt. The industry's revenues rose 5.8% to €53 billion in the third quarter, driven by higher prices, but production fell 3.5% and employment declined 2.5% to around 464,000 people. VCI's chief executive, Wolfgang Große Entrup, said the industry had lost ground in the third quarter, citing weak industrial demand in Germany and Europe, and a decline in production by key customers such as the automotive industry. The VCI had previously lowered its production forecast for the year to a 1.5% decline.",
  "summary": "The chemical industry's sales forecast is looking better, but production is declining and jobs are being cut. Why Germany remains in the red zone for many companies.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}