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05 Sep
09:05

Gas shortage-driven chemicals disruption could hit automotive: Moody’s

Disruption in European chemicals sector production as a result of a cut-off in Russian gas supply will have severe knock-on effects on the automotive sector’s ability to operate, says Moody’s. Chemical products are a significant part of supply chains for the automotive and manufacturing sectors. The chemical sector is highly reliant on natural gas. If governments ration natural gas, the credit rating agency expects chemical companies to suffer fro…
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