November 1997

Trends and Resources

HP Impact: HPIn Brief

U.S. chemical exports will account for 17.5% of the total U.S. chemical industry shipments this year – which would be a record, says the Chemical Manufacturers Association (CMA). This forecast as..

Weirauch, Wendy, Hydrocarbon Processing Staff

U.S. chemical exports will account for 17.5% of the total U.S. chemical industry shipments this year – which would be a record, says the Chemical Manufacturers Association (CMA). This forecast assumes chemical export performance during the last six months of the year will mirror that of the first half. At current rates, CMA estimates that exports will reach $70 billion by year-end. The sector contributes to the positive side of the nation's balance of payments, with an uninterrupted trade surplus since the 1920s. The industry's trade surplus for 1996 was over $ 16 billion and is projected to increase to $20 billion in 1997. The industry's total production work force is over 565,000. Tot

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