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Germany unveils rescue plan for chemical industry

Berlin and industry leaders presented a sweeping support package Thursday to shore up the ailing chemicals sector hit by an energy shock tied to the Middle East war.

Published Mar 26, 2026, 9:40 AM EDT | WFMZZ

The German government and the country’s chemical industry on Thursday presented a sweeping plan to help the ailing sector. The measures are intended to address new headwinds from an energy shock linked to the Middle East war.