23 May 2012 18:11 [Source: ICIS news]
The American Chemistry Council (ACC) said April’s decline in its monthly US Chemical Production Regional Index came after a downward-revised 0.4% decline in March from February.
April’s chemical output slipped in several key segments, including pharmaceuticals, organic chemicals, plastic resins and synthetic rubber, the ACC said.
Many segments, however, saw rising production, with the largest gains recorded in man-made fibres, adhesives, industrial gases, chlor-alkali and inorganic chemicals.
Compared with April 2011, total
For the US Gulf coast, which is home of much of the country’s petrochemicals production, the index was down 0.5% in April from March, and it was down 0.5% year on year from April 2011.Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog
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