The Halle-Dessau Chamber of Industry and Commerce sees the closure of plants belonging to the US company Dow as a threat to the chemical industry in central Germany. "The decision is bad news," said IHK President Sascha Gläßer. The announcement comes as no surprise, but is all the more alarming.
"Germany is increasingly losing its competitiveness as an industrial location," he said. The chemical industry in particular is suffering from a sharp rise in energy prices, high site costs and lengthy approval procedures. Gläßer said that it was now important to use the remaining time until decommissioning to avoid a domino effect.
