Global chemical output gains 3.3% year on year in January - ACC

20 February 2013 00:18  [Source: ICIS news]

HOUSTON (ICIS)--The American Chemistry Council's (ACC) global chemical production regional index (CPRI) for January was up by 3.3% year on year, based on a three-month moving average of regional production, the organisation said on Tuesday.

North American production volume for January was up by 1.0% year on year. The US led the way, posting a 1.1% increase.

Latin American production volume was up by 2.4% compared with a year ago, with Brazil up by 6.9%.

Western Europe production volume was down by 0.6% year on year, although The Netherlands (6.6%), Belgium (5.2%), Sweden (4.4%) and Germany (2.2%) posted gains.

Central and eastern Europe production volume was down by 5.4% compared with the same period last year, with Russia marking a decrease of 11%.

Production volume in the Asia-Pacific sector for January was up by 7.5% year on year, with China showing the strongest increase, at 9.6%.

Africa and Middle Eastern production volume was up by 4.5% year on year.

Worldwide chemical production rose by 0.3% in January from December, following a similar gain the month before, the ACC said on Tuesday.


By: Jeremy Pafford
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