24 August 2012 21:16 [Source: ICIS news]
The CPRI had been flat in June compared with May.
The downturn in chemicals output, said ACC, was in contrast to the nation’s overall manufacturing output gain of 0.2% in July.
“Gains in the output of inorganic chemicals, industrial gases, consumer products and coatings and synthetic rubber were offset by lower production of plastic resins, fertilisers, adhesives, organic chemicals, pesticides, synthetic rubber and pharmaceuticals,” the council said.
Despite the July decline, ACC said that overall
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