22 October 2012 19:34 [Source: ICIS news]
WASHINGTON (ICIS)--Worldwide chemicals production rose by 0.3% in September from August, the American Chemistry Council (ACC) said on Monday, with strong growth in Asia offsetting output downturns in Europe and ?xml:namespace>
In its monthly global chemical production regional index (CPRI), the council said that September’s advance in worldwide chemicals output marked the 10th straight monthly gain.
But the global production advance was a broad mix of gains and losses, the report showed.
In the CPRI’s year-on-year, three-month moving average of regional production output, the Asia-Pacific region enjoyed a solid 8.0% gain in the September report, a level of growth in the moving average that has been near, at or above 8.0% for four months.
Within the Asia-Pacific data,
In that region, there also was a 2.8% advance for
Africa and the
Latin America delivered a 0.9% gain in September, the council said, largely on the basis of
Production expansions in Asia, Africa, the Middle East and Latin America were, to some extent, eroded by output declines in North America, Western Europe and Central and
In North America, the 0.6% downturn in the September report was attributed largely to a 2% decline in
Despite production gains of 5.9% in the Netherlands and a 2.6% advance in France, the region’s overall output was pulled into negative territory by declines in the UK (-7.4%), Belgium (-4.7%), Italy (-2.9%) and Germany (-2.3%), among others.
In Central and Eastern Europe, chemicals production was down by 5.0% for the reporting period, a decline wholly attributed to an 11.3% drop in
US specialty chemicals saw gains in coatings, offsetting declines elsewhere in the segment.
Paul Hodges studies key influences shaping the chemical industry in Chemicals and the Economy
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