Last updateTue, 26 May 2020 7pm

End-User News

Global Chemicals Production Remained at Slow Pace in Fourth Quarter

Data collected and tabulated by the American Chemistry Council (ACC) shows that global chemicals production rose slightly (by 0.1%) in November 2018 after a similar gain in October and weak activity in August and September. With softness earlier in the year, the Global Chemical Production Regional Index (CPRI) was off 0.1% year-over-year (Y/Y) on a three-month moving average (3MMA) basis and stood at 115.9% of its average 2012 levels.

During November, capacity utilization in the global chemical industry eased 0.1 points to 83.1%. This is down from 86.0% last November and below the long-term (1987-2017) average of 86.5%. 

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