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  "documentTitle": "A tough year for European chemicals players has come to an end – We do expect a continuation of the challenges into 2024!",
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      "text": "Continuous worsening happened! 2023 has been another challenging year for European chemicals manufacturers. Many players already launched larger performance improvement programs in 2022. However, worsening of economic outlook in summer 2023 led to multiple adjustments of earnings expectation.",
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      "text": "No improvement yet visible! First manufacturers initiate next level of cost containment measures. No indications for upswing in 2024 visible.",
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