Global February chemical output falls faster than January on coronavirus impacts - ACC
2020-03-26    [Source:ICIS]
share:

    Global chemical production in February fell at an accelerated pace from January, led by a large decline in China and other countries because of the coronavirus (Covid-19), the American Chemistry Council (ACC) said in its Global Chemical Production Regional Index (CPRI) report.

    By region, chemical production fell month on month in Asia-Pacific, North America, Latin America, as well as Africa and the Middle East. Output was flat in Europe and up in the Former Soviet Union (FSU).
 
    Year on year, chemical production was down in North America, Europe and Asia-Pacific.

    The Global CPRI was down 1.5% year on year on a three-month moving average (3MMA) basis.

    Global capacity rose month on month and year on year, and global utilisation rate fell month on month and year on year.

    "Among chemical industry segments, February results were decidedly negative across all segments," the report said.

     "Considering year-earlier comparisons, growth was present in only plastic resins"

Author: Tracy Dang

Reprinted statement: This article is reprinted from other website, which only represents the opinions of the author and it does not represent the stand of this website. Please notify if violating the original author's copyright and we will remove it immediately.

About Us  |  Feedback  |  Clients  |  Contact
Tel: 0086-21-61250980 E-mail: info@pudaily.com Fax: 0086-21-61159277
© 2007 Suntower Consulting Limited.  All Rights Reserved  沪ICP备07503201号 gs沪公网安备31011202002186号