German China India

Global Chemicals Production

Global Chemistry Registers Continued Gains in Production

| Editor: Alexander Stark

The American Chemistry Council’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.6 % in November.
The American Chemistry Council’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.6 % in November. (Source: CC0 Pixabay)

Data collected by the American Chemistry Council shows that growth in global chemistry during November was buoyed by a synchronized up-swing in the global economy.

Washington/USA — The American Chemistry Council’s Global Chemical Production Regional Index (Global CPRI) shows that global chemicals production rose 0.6 % in November, following a 0.5 % gain in October.

During November, production gains were broad-based with all regions growing. The Global CPRI was up 3.1 % year-over-year on a three-month moving average (3MMA) basis and stood at 112.4 % of its average 2012 levels in November.

During November, capacity utilization in the global business of chemistry gained 0.4 percentage points to 81.0 %. This is up from 80.3 % last November but is below the long-term (1987-2016) average of 88.8 %.

Results were generally positive on a product basis during November, with weakness only in synthetic rubber and pharmaceuticals. Considering year-over-year comparisons, growth was strongest in coatings followed by pharmaceuticals, consumer products, manufactured fibers, and organic chemicals.

ACC’s Global CPRI measures the production volume of the business of chemistry for 33 key nations, sub-regions, and regions, all aggregated to the world total. The index is comparable to the Federal Reserve Board (FRB) production indices and features a similar base year where 2012=100. This index is developed from government industrial production indices for chemicals from over 65 nations accounting for about 98 percent of the total global business of chemistry. This data are the only timely source of market trends for the global chemical industry and are comparable to the US CPRI data, a timely source of U.S. regional chemical production.

Global Chemicals Production Ends First Quarter with Mixed Results

USA: Chemicals Output

Global Chemicals Production Ends First Quarter with Mixed Results

05/05/2017 - The American Chemistry Council’s Global Chemical Production Regional Index (Global CPRI) shows that the first quarter ended on a soft note. read...

Comments are being loaded ....

Leave a comment

The comment is checked by an editor and will be released soon.

  1. Avatar
    Avatar
    Edited by at
    Edited by at
    1. Avatar
      Avatar
      Edited by at
      Edited by at

Comments are being loaded ....

Report comment

Kommentar Freigeben

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

Freigabe entfernen

Der untenstehende Text wird an den Kommentator gesendet, falls dieser eine Email-hinterlegt hat.

copyright

This article is protected by copyright. You want to use it for your own purpose? Contact us via: support.vogel.de/ (ID: 45074519 / Business & Economics)