U.S. Chemical Production Bounces Back In June

July 30, 2021
The U.S. Chemical Production Regional Index rose 3.1% in June following a 4.6% decline in May and a 1.2% decline in April.

The U.S. Chemical Production Regional Index (U.S. CPRI) rose 3.1% in June following a 4.6% decline in May and a 1.2% decline in April, according to the American Chemistry Council (ACC). During June, chemical output rose in all regions, reflecting both solid demand for chemistry products and capacity restoration after the winter storms along the Gulf Coast. The U.S. CPRI is measured as a three-month moving average (3MMA).

Chemical production was mixed in June, with growth in the production of organic chemicals, plastic resins, fertilizers, adhesives, coatings, chlor-alkali, crop protection chemicals, other specialty chemicals and miscellaneous inorganic chemicals. These gains were offset by continued weakness in synthetic rubber, synthetic dyes and pigments, manufactured fibers and consumer products.

As nearly all manufactured goods are produced using chemistry in some form, manufacturing activity is an important indicator for chemical demand. Following a 1.2% gain in May, manufacturing output expanded by 0.2% in June (3MMA). The trend in manufacturing production was mixed, with gains in the output of machinery, computers and electronics, semiconductors, oil and gas extraction, refining, iron and steel products, foundries, rubber products, tires, printing, textile products, apparel and furniture.

Compared with June 2020, U.S. chemical production rose 4.2%. Chemical production was higher than a year ago in all regions.

For more information, visit: www.americanchemistry.com

Sponsored Recommendations

Keys to Improving Safety in Chemical Processes (PDF)

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.

Get Hands-On Training in Emerson's Interactive Plant Environment

Enhance the training experience and increase retention by training hands-on in Emerson's Interactive Plant Environment. Build skills here so you have them where and when it matters...

Managing and Reducing Methane Emission in Upstream Oil & Gas

Measurement Instrumentation for reducing emissions, improving efficiency and ensuring safety.

Micro Motion 4700 Coriolis Configurable Inputs and Outputs Transmitter

The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.