WASHINGTON (ICIS)--The US economic recovery continues, but the nation’s rate of expansion in May was slower than in the first quarter of this year, according to a key chemicals sector leading indicator issued on Tuesday.
The American Chemistry Council (ACC) said that its chemical activity barometer (CAB) for May showed a 0.1% gain on a three-month moving average basis to 92.6.
Although razor-thin, that advance was enough to mark the tenth consecutive monthly gain for the barometer, the council noted.more >>
INSIGHT: PET Latin America - looking to Asia for direction
"PET demand in Latin America has been slower than expected throughout 2012 and 2013 even for the peak soft-drink seasons." more