24 February 2012 09:39 [Source: ICIS news]
All segments within the city-state’s chemicals cluster recorded lower output in January, with production from the specialties and petrochemicals divisions down 12% and 14.2% respectively, the EDB said in its monthly report.
Meanwhile, output from the chemical cluster’s petroleum segment fell 4.7% year on year in January on the back of weak refining margins, the EDB said.
Excluding biomedical manufacturing, which grew 27.9% year on year in January, overall factory output fell by 15.3%, it added.
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