31 January 2013 21:13 [Source: ICIS news]
HOUSTON (ICIS)--US fourth-quarter propylene production totalled 7.285bn lb (3.30m tonnes), a 5.9% drop from 7.739bn lb one year earlier, the American Fuel & Petrochemical Manufacturers (AFPM) said on Thursday.
However, propylene output in the fourth quarter rose by 0.6% from 7.240bn lb in the third quarter of 2012, the group said.
US propylene production in 2012 totalled 29.026bn lb, down by 7.9% from 31.501bn lb in the previous year, according to the AFPM.
The figures include production of refinery-sourced and co-product propylene.
US propylene inventories in the fourth quarter stood at 1.495bn lb, falling by 15% from 1.758bn lb in the third quarter of the year. Inventory data for the fourth quarter of 2011 was not available.
AFPM's quarterly data is based on voluntary reports.
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