According to a survey conducted by UIC* among businesses based in France, industrial investment in the chemical sector was 21% higher in value in 2010 than in 2009. This dramatic surge followed an equally drastic fall in value in 2009: down 21% compared to 2008.
* Survey carried out between October and December 2010 among businesses in France, including SMEs, large groups and subsidiaries of foreign groups.
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| Change in investment levels and ration of investment against turnover for the French chemical Industry |
According to the latest figures available relating to Research and Development in France, the chemical industry spent €1.44bn on R&D in France in 2008.
Excluding changes in the strength of the Euro, this is 3.2% less than R&D expenditure in 2007. The ratio of R&D expenditure against turnover did not change between 2007 and 2008, remaining at 1.8%.
R&D expenditure levels have not changed very much since 2001, reaching a high point of €1.5bn in 2004. The ratio of R&D expenditure against turnover has remained between 1.8 and 2% throughout this period.
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| Change in internal R&D expenditure in the French chemical industry |
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