ACC Reports Strong Start To Second Quarter For U.S. Specialty Chemicals

May 30, 2018
The American Chemistry Council reports that U.S. specialty chemicals market volumes started the second quarter on a strong note, increasing 0.9% in April after an upwardly revised 0.5% gain in March and a 0.3% gain in February.

The American Chemistry Council (ACC) reports that U.S. specialty chemicals market volumes started the second quarter on a strong note, increasing 0.9% in April after an upwardly revised 0.5% gain in March and a 0.3% gain in February. All changes in the data are reported on a three-month moving average (3MMA) basis. Of the 28 specialty chemical segments monitored, 24 expanded in April, one market experienced decline and three featured no change. During April, large market volume gains (1.0% and over) occurred in adhesives and sealants, mining chemicals, oilfield chemicals, plastics compounding and rubber processing chemicals.

The overall specialty chemicals volume index was up 4.7% on a year-over-year (Y/Y) 3MMA basis. The index stood at 112.5% of its average 2012 levels. This is equivalent to 7.75 billion pounds (3.52 million metric tons). On a Y/Y basis, there were gains among 21 market and functional specialty chemical segments. Compared to last year, volumes were down in five segments.

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...

Rosemount™ 625IR Fixed Gas Detector (Video)

See how Rosemount™ 625IR Fixed Gas Detector helps keep workers safe with ultra-fast response times to detect hydrocarbon gases before they can create dangerous situations.

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.