EUROPEAN CHEMICAL PLANT SPENDING PLANS TRIMMED

A poll of members of the Chemical Industries Association (CIA), London, has revealed reduced short term investment plans, particularly in petrochemicals and plastics. The U.K.'s chemicals sector as a whole said 1994 capital spending will amount to 1.97 billion ($2.96 billion). Adjusted for inflation, this is down from l.92 billion ($2.88 billion) spent in 1993. "Companies have responded to difficult economic conditions by further reducing their investment plans," CIA said. "Predicted

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