14 June 2011 15:27 [Source: ICIS news]
TORONTO (ICIS)--Plant capacity utilisation in ?xml:namespace>
The 2011 first-quarter chemical capacity utilisation rate reflects increases of 3.6 percentage points from 73.9% in the 2010 fourth quarter and of 1.3 percentage points from 76.2% in the 2010 first quarter, Statistics Canada said.
The increase in the overall rate was the seventh consecutive quarterly increase and the largest since the fourth quarter of 2009, the agency said.
In manufacturing, first-quarter capacity utilisation was 79.7% - up 2.8 percentage points from 76.9% in the 2010 fourth quarter and up 4.9 percentage points from 74.8% in the 2010 first quarter.
In related industry news, chemical shipments on Canadian railroads rose 11.4% to 256,293 year to date to 4 June, a rail industry trade group reported.
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