Brazil July chemical output rises 3.39% year on year

27 August 2010 16:29  [Source: ICIS news]

SAO PAULO (ICIS)--Brazil's July industrial chemical output rose by 3.39% year over year, chemical trade group Abiquim said on Friday.

Chemical output rose in July to the highest level since January 2000, according to the association.

This year has seen greater domestic demand than in 2009, Abiquim said.

When compared with June, July output increased 9.05%, Abiquim said. 

July domestic sales grew 12.25% compared with June, while the year over year figure was not revealed.  

For the period of January through July, industrial chemical output increased by 10.56% year over year, and domestic sales grew by 8.05%, the trade group said.

Brazil's chemical industry ran at an average rate 82% of installed capacity in July, up 3 percentage points when compared with the same period of 2009.

Abiquim said figures were preliminary.

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By: Hellen Berger
+1 713 525 2653



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