Canada Q2 chemical plant utilisation rises to 80.1%

13 September 2012 15:44  [Source: ICIS news]

The flag of CanadaTORONTO (ICIS)--Canada-based chemicals producers ran their plants at an average capacity utilisation rate of 80.1% in the second quarter, compared with 79.9% in the first, a statistics agency said on Thursday.

Year on year, Canada’s second-quarter chemical plant utilisation rate was up by 3.5 percentage points from 76.6% in the 2011 second quarter, according to data from Statistics Canada.

Meanwhile, Canada’s plastics and rubber products industries saw sequential declines in their plant utilisation in the second quarter.

In the plastics industry, plant capacity utilisation fell to 77.1% in the second quarter, from 77.8% in the first. In the 2011 second quarter, that sector’s capacity utilisation was 72.1%.

In the rubber industry, second-quarter plant capacity utilisation was 81.6%, compared with 86.0% in the 2012 first quarter and 84.6% in the 2011 second quarter.

Canada’s overall manufacturing plant capacity utilisation rose to 81.6% in the second quarter, from 81.1% in the first, primarily because of high rates in the transportation equipment and machinery industries, the agency said.

In the 2011 second quarter, the overall manufacturing plant capacity utilisation rate was 78.4%.

Paul Hodges studies key influences shaping the chemical industry in his Chemicals and the Economy Blog


By: Stefan Baumgarten
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