24 September 2010 07:43 [Source: ICIS news]
“On a year-to-date basis, output of the chemicals cluster was 14.9% higher than the same period in the previous year,” the EDB said in a statement.
Meanwhile, the country’s biomedical manufacturing cluster’s output declined 29% year on year in August, mainly due to a 30.8% drop in output in the pharmaceuticals segment, it said.
The drop was “as a result of a different mix of active pharmaceutical ingredients produced,” the statement added.
Output from the electronics cluster - an important downstream industry of petrochemicals - rose 32.8% year on year in August, according to EDB.
The electronics sector’s computer peripherals segment fell 20.8% in August in comparison to the year-ago period when production levels were high due to re-stocking activities, EDB said.
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