12 June 2012 11:52 [Source: ICIS news]
LONDON (ICIS)--Average European daily chlorine production in May decreased by 3.8% from April, while inventories of co-product caustic soda decreased by 3.6% in the same period, according to industry body Euro Chlor.
Average daily production of chlorine for the region comprising the EU27, Norway and Switzerland, stood at 26,737 tonnes in May, down from 27,790 tonnes in April. Caustic soda stocks were at 269,670 tonnes, down from 279,546 tonnes in the previous month.
Euro Chlor's year-on-year figures showed that average daily chlorine production was 4.2% higher than in May 2011, while caustic soda stocks were 32,880 tonnes above the May 2011 level of 236,790 tonnes.
Chlorine capacity utilisation in April stood at 77.6%, down from 80.7% in the previous month, and up from 74.4% in May 2011.
($1 = €0.80)
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