US chemicals production fell in June for second month in a row

23 July 2012 21:18  [Source: ICIS news]

WASHINGTON (ICIS)--US chemicals production fell by a narrow 0.1% in June from May, the American Chemistry Council (ACC) said on Monday, marking the second straight month of declining output for this key US industrial sector.

The council said that the slight decline in its Chemical Production Regional Index (CPRI) for June followed a downwardly revised drop of 0.5% in May from April.

The fall-off in chemicals output was concentrated in four major US production regions, the Gulf coast, midwest, southeast and west Coast sectors.

The council said that flat production in the other three regions – the Ohio valley, mid-Atlantic and northeast – meant that there was no positive growth elsewhere to offset declines reported for the four western, southern and central regions.

However, compared with the same month in 2011, June’s US chemicals output was still up by 0.3%, the council said.

On a year-to-date basis, chemicals production in the first six months of this year was up by 0.2% compared with the first half of 2011.

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By: Joe Kamalick
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