Dec US chem production slips on Gulf, other regions – trade group

25 January 2012 18:50  [Source: ICIS news]

HOUSTON (ICIS)--A US chemical production index for December fell by 0.1% from November with declines in the US Gulf coast, Ohio Valley and southeast regions, an industry trade group said on Wednesday.

The American Chemistry Council (ACC) said its US Chemical Production Regional Index (CPRI) for December follows a revised 0.1% decline in November.

The CPRI uses a three-month moving average.

December is usually a time for destocking, falling demand and reduced production in the petrochemical industry.

However, compared with December 2010, total chemical production in all regions was up 2.0%, the ACC said.

For all of 2011 whole, chemical production rose 2.2%.

Month-on-month gains for December were reported for the mid-Atlantic, northeast and west coast regions, but was flat in the midwest.

US Chemical Production Regional Index, Percentage Change

(Seasonally adjusted, 3-month moving average)

 

Current Month

Prior Month

Year/Year

Total Year

 

Dec 11/
Nov 11

Nov 11/
Oct 11

Dec 11/
Dec 10

2011/
 2010

Gulf coast

-0.2%

0.2%

2.6%

2.2%

Midwest

0.0%

-0.1%

1.0%

1.5%

Ohio Valley

-0.4%

-0.1%

3.6%

3.5%

Mid-Atlantic

0.1%

-0.2%

0.6%

1.4%

Southeast

-0.1%

0.0%

2.5%

2.6%

Northeast

0.1%

-0.3%

2.0%

2.5%

West coast

0.2%

-0.2%

0.3%

1.0%

     US Total

-0.1%

-0.1%

2.0%

2.2%

 
 
 

By: Brian Ford
+1 713 525 2653



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