Finnish chemicals output falls 0.7% in March

10 May 2013 10:49  [Source: ICIS news]

LONDON (ICIS)--Finland’s chemical output dropped 0.7% in March from February 2013, according to official figures on Friday.

Year on year, the country’s chemical output fell by 9.3% in March, following a 3.2% year-on-year decline in the previous month and a 1.4% decrease in January, Statistics Finland said.

Chemical capacity utilisation for the month was at 83.1%, according to the official statistics body, down from 86.3% in March 2012, but a rise from 81.2% in the previous month.

The statistics also show that Finnish production of wood and paper products – a key end-user market for the domestic chemical industry – fell 1.3% month on month in March and decreased by 2.2% year on year.

Finnish wood and paper industry capacity utilisation was at 84.1% in March, down from 87.7% in the same month of 2012, but higher than the 82.8% rate recorded in February 2013.

By: Franco Capaldo
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