30 April 2010 18:07 [Source: ICIS news]
HOUSTON (ICIS news)--Brazil’s first-quarter chemical output rose by 15.6% year on year, industry association Abiquim said on Friday, attributing the increase to a recovery in the local economy but also to a weak comparison base a year earlier.
The industry in the first quarter operated at an average of 81%, up from 71% in the same three months of 2009, the associations said.
Abiquim said a strong performance by the sector in March also helped boost quarterly results.
The association said first-quarter chemical sales increased by 16.4% year on year, also helped by strong results in March.
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