Finnish chemicals output rises 4.2% in July

10 September 2013 10:31  [Source: ICIS news]

LONDON (ICIS)--Finland’s chemical output rose 4.2% in July from June 2013, according to official figures on Tuesday.

Year on year, the country’s chemical output increased by 1.0% in July, following a 1.9% year-on-year decline in the previous month, Statistics Finland said.

Chemical capacity utilisation for the month was at 79.6%, according to the official statistics body, down from 82.0% in the previous month, but a rise from 77.5% in July 2012.

The statistics also show that Finnish production of wood and paper products – a key end-user market for the domestic chemical industry – rose 1.6% month on month in July but decreased by 1.9% year on year.

Finnish wood and paper industry capacity utilisation was at 80.6% in July, up slightly from 80.0% in June, but lower than the 81.2% rate recorded in July 2012.

By: Franco Capaldo
+44 (0)20 8652 3214

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