chemicals sector

Serbia’s Chemicals and Advanced Materials Sector Transforms Toward Higher Value

The chemicals and advanced materials industry in Serbia is undergoing a significant transformation, moving away from its traditional role as a producer of basic intermediates and commodity inputs. This evolution is characterized by a shift towards higher-value products, export-oriented capacity, and circular production models that align with European industrial standards. Factors driving this change include global supply chain reconfigurations, the availability of regional feedstocks, and the increasing capability of Serbian producers to meet stringent EU regulatory and quality requirements. This…