date:Jul 25, 2014
cies is an additional burden.
The company has thus reduced some of its expectations for the global economy in 2014 (previous forecast in parentheses):
Growth of gross domestic product: 2.5% (2.8%)
Growth in industrial production: 3.7%
Growth in chemical production: 4.4%
An average euro/dollar exchange rate of $1.35 per euro ($1.30 per euro)
An average oil price for the year of $110 per barrel
Bock: The slight upturn in growth expected for the global economy and key customer industries in 2014