Argentina’s July chemical production declines by 5.1% year on year

23 August 2013 23:19  [Source: ICIS news]

HOUSTON (ICIS)--Argentina’s July chemical production was down by 5.1% year on year compared with the same month of 2012, industry sources said on Friday.

Production of basic chemical products was down by 38.2% in July 2013 compared with the same month of the previous year, said Argentina’s Statistics Institute (INDEC). The institute does not provide tonnage figures for production.

Production of industrial gases rose by 4.6% in July year on year, the group said.

Production of plastic raw materials and synthetic rubber was down by 15.3% in July compared with the same month of 2012.

Agrochemicals production increased by 12.7% in July 2013, while production of pharmaceutical products declined by 1.3% year on year.

Production of detergents, soaps and personal products declined in July by 4.2% compared with the same month of 2012.

Meanwhile, in the plastic products and rubber tyres production bloc, combined production increased by 5.4% in July year on year.

Rubber tyre production was up by 5.2% in July, while production of plastic products in the same month increased by 5.4% year on year, INDEC said.

By: George Martin
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