According to Kallanish Energy, the US chemical production regional index rose 0.
6% in August.
The American Chemistry Council said it increased by 1.
0% in July and fell by 1.
4% in June.
The US CPRI is measured by a three-month moving average.
In August, chemical production increased in all regions except the West Coast as the industry is struggling to recover from the impact of the epidemic.
Compared with August 2019, US chemical production fell 4.
8% year-on-year, which was the 15th consecutive month of year-on-year decline.
But ACC says this is an improvement in the past few months.
In the United States, the chemical industry has a market value of 565 billion U.
S.
dollars and is one of the largest industries in the United States.
Manufacturing is the largest user of chemicals, 96% of manufactured products involve chemicals.
(Keywords: U.
S.
chemical production)
