09 April 2010 09:44 [Source: ICIS news]
LONDON (ICIS news)--Finland’s chemicals output increased by 8.3% in February compared with the same month last year, according to the latest figures released by Statistics Finland on Friday.
Compared with the previous month, chemical output grew by 14.0%.
Chemical capacity utilisation in February was at 82.1%, up from 77.3% recorded in the same month of 2009.
Production of wood and paper products, a key end-user market for the domestic chemicals industry, grew 14.1% year on year in February and was up 1.6% on January.
The value of new orders in the chemical industry was 10% higher in February 2010 than in February 2009, while the value of new orders grew by 17.2% year on year in the paper industry.
According to Statistics Finland, the total output of all Finland's main industries, adjusted for working days, was 1.9% lower in February 2010 compared with the same month last year.
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