London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

U.S. Chemical Production Fell in August

October 09/2019

MOSCOW (MRC) -- According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) fell 0.3 percent in August following revised declines of 0.7 percent in July and 0.6 percent in June, said Americanchemistry.

During August, chemical output was lower in all regions, with the largest declines in the Northeast and West Coast regions.

Chemical production was mixed over the three-month period. There were gains in the production three-month moving average (3MMA) output trend in plastic resins, chlor-alkali, and pesticides. These gains were offset by declines in the output of synthetic rubber, coatings, fertilizers, consumer products, organic chemicals, synthetic dyes and pigments, industrial gases, adhesives, manufactured fibers and other specialty chemicals.

Nearly all manufactured goods are produced using chemistry in some form. Thus, manufacturing activity is an important indicator for chemical production. On a three-month-moving average basis, manufacturing activity edged slightly higher for a second month in August, up by 0.2 percent. Output expanded in several chemistry-intensive manufacturing industries, including food and beverages, appliances, motor vehicles and parts, aerospace, construction supplies, fabricated metal products, computers, semiconductors, petroleum refining, oil and gas extraction, plastic products, and rubber products.

Compared with August 2018, U.S. chemical production in August was off 2.5 percent, a weakening year-earlier comparison. Chemical production was lower than a year ago in all regions, with the largest year ago declines in the Gulf Coast, Midwest and Mid-Atlantic regions.

As MRC informed earlier, Russia"s output of products from polymers rose in August by only 0.5% year on year. And this figure increased by 1.2% year on year in the first eight months of 2019. According to the Russian Federal State Statistics Service, August production of unreinforced and non-combined films was slightly over 110,000 tonnes, compared to 112,000 tonnes a month earlier. Output of films products grew in January-August 2019 by 8.5% year on year to 718,900 tonnes.


mrcplast.com
Author:Anna Larionova
Tags:kaustik, chemical fertilizers, PP, PE, propylene, ethylene, Russia, USA.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe