Finnish chemicals output rises 0.6% in April

10 June 2013 10:02  [Source: ICIS news]

LONDON (ICIS)--Finland’s chemical output increased 0.6% in April from March 2013, the first rise since November 2012, according to official figures on Monday.

However, year on year, the country’s chemical output fell by 4.2% in April, following a revised 9.6% decline in the previous month, a 3.5% fall in February and a 1.6% decrease in January, Statistics Finland said.

Chemical capacity utilisation for April was at 81.5%, according to the official statistics body, down slightly from 82.1% in the same month in 2012, and a fall from 83.1% 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 1.9% month on month in April and decreased by 4.5% year on year.

Finnish wood and paper industry capacity utilisation was at 86.9% in April, down from 87.9% in the same month last year, but higher than the 84.9% rate recorded in March 2013.

By: Franco Capaldo
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