US chemical production up by 0.6% in February - ACC

21 March 2013 16:16  [Source: ICIS news]

HOUSTON (ICIS)--The US chemical production index (CPRI) rose by 0.6% in February, following a revised gain of 0.8% in January, the American Chemistry Council’s (ACC) said on Thursday.

Chemical production across all seven US regions rose for the third straight month, the ACC said in a press release.

Measured on a three-month moving average (3MMA) scale, output in the manufacturing sector increased in several key chemistry end-use markets such as appliances, automobiles, aerospace, construction materials and plastic products.

But overall chemical production on the 3MMA scale was mixed, the ACC said.

Gains

Losses

Organic and inorganic chemicals Consumer products
Coatings, adhesives and
other specialty chemicals
Plastic resins
Industrial gases Synthetic rubber
Pharmaceuticals Manmade fibers
Pesticides Fertilizers

Year on year, total chemical production in all regions was up by 1.2% in February.


By: Jeremy Pafford
+1 713 525 2653



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