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Last updateTue, 20 Aug 2019 8pm

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Global Chemicals Output Ends 2018 with Solid Growth

Data collected and tabulated by the American Chemistry Council (ACC) reveal that global chemicals production rose 0.3% in December. This follows stable activity in November, a 0.1% gain in October, and weak activity in August and September. During December, production gained in North America, Latin America, the former Soviet Union (FSU), Africa and the Middle East, and Asia-Pacific, but fell in Europe. With softness earlier in the year, the Global Chemical Producing Regional Index (Global CPRI) was off 0.3% year-over-year on a three-month moving average basis and stood at 116.1% of its average 2012 levels. For 2018 as a whole, global production rose just 0.9%. 

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