Value of chemicals used to make US autos rises 10% in 2010 – ACC

20 December 2011 16:35  [Source: ICIS news]

HOUSTON (ICIS)--The total value of chemistry per light vehicle assembled in the US and Canada rose in 2010 to $3,297, up 10.5% year on year from $2,984 in 2009, the American Chemistry Council (ACC) said on Tuesday.

There were a total of 9.66m light vehicles assembled in the US and Canada in 2010, representing about $31.8bn (€24.5bn) in chemistry, up from $21.0bn in 2009, when only 7.2m light vehicles were made in the US and Canada, the ACC said.

“Indeed, the chemistry value per vehicle has grown considerably. It’s up 92.0% since 2000 when it was $1,717 per vehicle,” the ACC said.

“Included, for example, are antifreeze and other fluids, catalysts, plastic dash-boards and other components, rubber tyres and hoses, upholstery fibres, coatings and adhesives. Virtually every component of a light vehicle, from the front bumper to the rear tail-lights features some chemistry,” the ACC added.

The amount of plastics and composites per light vehicle also rose in 2010 to 378 lb/vehicle (171 kg/vehicle) from 376 lb/vehicle in 2009, representing 9.4% of the total weight.

While the lb/vehicle rose, the percentage actually decreased year on year from 9.7% in 2009, when the average total weight of a light vehicles was 3,892 lb.

Total average weight rose in 2010 to 4,039 lb.

By: Bobbie Clark
+1 713 525 2653

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