Hydrocarbon Processing Copying and distributing are prohibited without permission of the publisher
Email a friend
  • Please enter a maximum of 5 recipients. Use ; to separate more than one email address.



US monthly chemical production accelerates as all regions see improvement

08.19.2014  | 

Manufacturing output accelerated during July, and on a three-month moving average (3MMA), production of the nation’s overall manufacturing sector was 0.6% higher.

Keywords:

US chemical production expanded by 0.4% in July following a downwardly-revised 0.2% gain in June, the American Chemistry Council (ACC) said Tuesday in the release of its US Chemical Production Regional Index (CPRI).

Manufacturing output accelerated during July, and on a three-month moving average (3MMA), production of the nation’s overall manufacturing sector was 0.6% higher. 

Within the manufacturing sector, output in many key chemistry end-use markets expanded, including appliances, motor vehicles, aerospace, construction supplies, machinery, fabricated metal products, computers, semiconductors, plastic products, rubber products, plywood, printing, and furniture.

Also measured on a 3MMA basis, overall chemical production was again mixed. There were gains in the output of chlor-alkali and other inorganic chemicals, plastic resins, synthetic dyes and pigments, industrial gases, consumer products, and pharmaceuticals. 

These gains were partially offset by declines in the production of fertilizers, pesticides, organic chemicals, synthetic fibers, synthetic rubber, coatings, and adhesives. 

Compared to July 2013, total chemical production in all regions was ahead by 1.2% on a year-over-year (Y/Y) basis, up from a revised 0.9% Y/Y gain in June. Chemical production was up from a year ago in all regions, except the Gulf Coast. The Gulf Coast did move up 0.1% from June, though.

Comparing the seven months of 2014 to that in 2013, chemical production was up 0.8% nationally, with all seven regions posting gains.



Have your say
  • All comments are subject to editorial review.
    All fields are compulsory.

Related articles

FEATURED EVENT


Sign-up for the Free Daily HP Enewsletter!

Boxscore Database

A searchable database of project activity in the global hydrocarbon processing industry

Poll

Should the US allow exports of crude oil? (At present, US companies can export refined products derived from crude but not the raw crude itself.)


64%

36%




View previous results

Popular Searches

Please read our Term and Conditions and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2014 Hydrocarbon Processing. © 2014 Gulf Publishing Company.