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.
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.
|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|
Asian Chemical Connections