Argentina’s December chemical production falls 7.3% year on year

24 January 2013 22:11  [Source: ICIS news]

HOUSTON (ICIS)--Argentina’s December chemical production was down by 7.3% year on year, compared with the same month in 2011, industry sources said on Thursday.

Production of basic chemical products was down by 5.7% in December 2012 compared with the same month of the previous year, said Argentina’s Statistics Institute (INDEC). The institute does not provide tonnage figures for production.

Production of industrial gases declined in December by 7.2% year on year, the group said.

Production of plastic raw materials and synthetic rubber was down by 0.5% in December compared with the same month in 2011.

Agrochemicals production declined by 5.1% in December, while production of pharmaceutical products went down by 9.7% year on year.

Production of detergents, soaps and personal products declined in December by 10.8% compared with the same month of 2011.

However, accumulated 2012 totals of the above mentioned products ended up by 2.9% over 2011 figures.

Meanwhile, plastic products and rubber tyres production combined decreased by 1.3% in December year on year.

Rubber tyre production was down by 0.4%, while December production of plastic products declined by 1.5% year on year, INDEC said.

Accumulated 2012 totals for plastic products and rubber tyres finished up by 1.8% over 2011 figures.

By: George Martin
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