26 April 2011 11:51 [Source: ICIS news]
Within the cluster, the output of the specialties and petrochemicals segments grew by 17.7% and 4.2% year on year respectively in March, EDB said in its monthly manufacturing report.
Meanwhile, petroleum throughput rose by 0.9% because of the maintenance shutdowns of some refineries during March, it said.
Cumulatively, output of the chemicals cluster grew by 13% during the January to March 2011 period as compared with the same period a year earlier, EDB said.
The output of the biomedical manufacturing cluster rose by 57% year on year in March, led by the pharmaceutical segment, which registered a 60.9% growth in its output as a result of a higher value-added mix of active pharmaceutical ingredients being produced, the report added.
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