January 2011

Trends and Resources

HP In Brief: HPIn Brief

Improved outlook for US chemicalsThe outlook for the US chemicals manufacturing sector is improving gradually and global production is set to increase in the coming year, thanks in part to dramatic gr..

Thinnes, Billy, Hydrocarbon Processing Staff

Improved outlook for US chemicalsThe outlook for the US chemicals manufacturing sector is improving gradually and global production is set to increase in the coming year, thanks in part to dramatic growth in export markets for the products of chemistry, according to a report from the American Chemistry Council (ACC).For 2010, US chemistry exports will be up by 17%, shifting the trade balance for the industry from a $0.1 billion deficit to a $3.7 billion surplus, its best performance in 10 years. The growth in export markets also has partially offset soft domestic demand for chemical products.Domestically, chemical production volumes have increased across all regions of the US in 2010 followi

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