10 April 2013 11:17 [Source: ICIS news]
Correction: In the ICIS story headlined "Finland's chemical output falls 2.7% in February" dated 10 April 2013, please read in the first paragraph... in February 2013... instead of ...in February 2012... A corrected story follows.
LONDON (ICIS)--Finland’s chemical output dropped by 2.7% in February 2013 from the previous month, according to official figures on Wednesday.
Year on year, the country’s chemical output fell by 2.6% in February, following a 0.3% year-on-year decline in output in the previous month.
Chemical output in the country had expanded year on year by over 6% for each of the three final months of 2012, Statistics Finland said.
Chemical capacity utilisation was at 81.4% in February, according to the official statistics body, down from 83.1% in January, and from 85.1% in February 2012.
The statistics show that Finnish production of wood and paper products – a key end-user market for the domestic chemical industry – was down by 1.6% month on month and by 2.0% year on year during the month.Finnish wood and paper industry capacity utilisation was at 83.1% in February, down from 84.9% in the previous month and from 83.5% in February 2012.
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