Germany’s Troubled Chemical Makers Risk Disorderly Decline

tdazk2h4]dtav9ja)(j}wvri_media_dl_1.png BNEF Petrochemical Asset Databas Article content (Bloomberg) — Germany’s chemical companies have been struggling for years as high energy prices and competition from Asia undermine their business. Article content But now the shrinkage is entering a new phase, where consolidation risks becoming a disorderly unraveling that takes even those parts of the industry with it that stand a chance of a profitable future. Article content Article content A protracted period of weak demand, rising expenses and global overcapacity have drained cash flows across the re…