Singapore chemical cluster output up 9.1% in December 2010

26 January 2011 07:54  [Source: ICIS news]

SINGAPORE (ICIS)--Singapore’s manufacturing output from its chemical cluster grew 9.1% year on year in December last year, with higher output in the petroleum and petrochemicals segments offsetting declines in other segments, the city-state’s Economic Development Board (EDB) said on Wednesday.

Singapore’s chemicals cluster grew 12.9% year on year in 2010, the EDB said in a statement.

Output of the city-state’s biomedical manufacturing cluster expanded 1.2% year on year in December, it said.

“The moderated performance in the cluster was mainly due to a pullback in pharmaceuticals output, as a different mix of active pharmaceutical ingredients was produced,” the EDB said.

Singapore’s biomedical output grew 49.8% year on year in 2010, it added.

Overall, Singapore's manufacturing output increased 9% year on year in December. Excluding biomedical manufacturing, output grew 10.8%, according to the EDB.

On a seasonally adjusted month-on-month basis, manufacturing output declined 11.8% in December 2010, the EDB added.

To discuss issues facing the chemical industry, go to ICIS connect


By: Nurluqman Suratman



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index