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US chemical production falls in December 2016

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Hydrocarbon Engineering,

The American Chemistry Council (ACC) has announced that the US Chemical Production Regional Index (US CPRI) fell 0.2% in December 2016.

The fall in the US CPRI followed a 0.2% gain in the previous month, and a 0.1% decline in October 2016, as measured on a three-month moving average (3MMA) basis.

Chemical production was lower across all regions in December 2016.

The ACC reported that chemical production was mixed. While there were gains in the production output trend of fertilizers, consumer products, chlor-alkali, miscellaneous inorganic chemicals, and synthetic dyes and pigments, these were partially offset by declines in the production of organic chemicals, plastic resins, pharmaceuticals, synthetic rubber, other specialties, industrial gases, pesticides, coatings, adhesives, and manufactured fibres.

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