Processing Magazine
  • Subscribe
  • Magazine
  • Events
  • News & Notes
  • Videos
  • Podcasts
  • Webinars
  • White Papers
  • 3D Models
  • Breakthrough Products Awards
  • Maintenance & Safety
  • Material Handling
  • Mixing & Blending
  • Powder & Bulk Processing
  • Process Control & Automation
  • Pumps, Motors & Drives
  • Valves & Actuators
  • Topics
    Maintenance & SafetyMaterial HandlingMixing, Blending & Size ReductionProcess Control & AutomationPumps, Motors & DrivesValves & ActuatorsPowder & Bulk Solids
    Resources
    MagazineEventsNews & NotesVideosPodcastsWebinarsWhite PapersBreakthrough Products Awards
    User Tools
    SubscribeAdvertiseAbout UsContact UsPrivacy PolicyTerms & Conditions
    http://www.facebook.com/ProcessingMagazine
    https://www.linkedin.com/showcase/27062974
    https://twitter.com/ProcessingMag
    1. News & Notes

    US chemical production grows for fourth straight month in October

    Nov. 24, 2020
    During October, chemical output expanded in all regions, with the largest gains occurring in the Northeast region, according to the American Chemistry Council.
    Related To: American Chemistry Council
    American Chemistry Council
    October U Schem

    WASHINGTON, Nov. 23, 2020 (PRNewswire) — The U.S. Chemical Production Regional Index (U.S. CPRI) rose 0.9 percent in October following a 0.8 percent gain in September and a 1.0 percent increase in August, according to the American Chemistry Council (ACC). During October, chemical output expanded in all regions, with the largest gains occurring in the Northeast region. The U.S. CPRI is measured on a three-month moving average (3MMA) basis.

    In October, chemical production continued to improve in many segments including, chlor-alkali, other inorganic chemicals, organic chemicals, industrial gases, plastic resins, synthetic dyes and pigments, consumer products, adhesives, other specialty chemicals and fertilizers. Production trends eased in coatings, manufactured fibers, synthetic rubber and crop protection chemicals.

    As nearly all manufactured goods are produced using chemistry in some form, manufacturing activity is an important indicator for chemical demand. The manufacturing recovery continued for a fourth consecutive month in October, with overall factory activity up by 0.8 percent (3MMA). The trend in production rose in nearly all key chemistry end-use industries, with the strongest gains seen in iron and steel, aerospace, foundries, tires, machinery and apparel.

    Compared with October 2019, U.S. chemical production was off 4.9 percent on a year-over-year (Y/Y) basis, the seventeenth consecutive month of declines, but shows steady improvement over the past several months. Chemical production remained lower than a year ago in all regions, with the largest year-ago declines occurring in the Northeast, Mid-Atlantic, and West Coast regions.

    American Chemistry Council
    Chem Chart2

    The chemistry industry is one of the largest industries in the United States, a $565 billion enterprise. The manufacturing sector is the largest consumer of chemical products, and 96 percent of manufactured goods are touched by chemistry. The U.S. CPRI was developed to track chemical production activity in seven regions of the United States. The U.S. CPRI is based on information from the Federal Reserve, and as such, includes monthly revisions as published by the Federal Reserve. To smooth month-to-month fluctuations, the U.S. CPRI is measured using a three-month moving average. Thus, the reading in October reflects production activity during August, September, and October.

    Continue Reading

    Shift operations optimized by Bayer at its Switzerland plant with AI-empowered software from eschbach

    ExxonMobil expands chemical production in Texas

    Sponsored Recommendations

    Rotary pump 

    PSG Biotech Quattroflow QB2-SD single-use micropump is ideal for microdosing applications

    Choosing the right heat exchanger for food processing

    A guide to the types of exchangers available to processors and the applications they are best suited for.

    Motion names new automation intelligence group vice president

    Mike Esposito will lead the Motion Automation Intelligence team, including the development and implementation of multi-year strategic business and marketing plans.

    MG America and Romaco North America announce strategic alliance in North American manufacturing equipment marketplace

    The two suppliers will combine sales, field service and support teams to offer complementary processing and packaging machinery.

    Request More Information

    By clicking above, I acknowledge and agree to Endeavor Business Media’s Terms of Service and to Endeavor Business Media's use of my contact information to communicate with me about offerings by Endeavor, its brands, affiliates and/or third-party partners, consistent with Endeavor's Privacy Policy. In addition, I understand that my personal information will be shared with any sponsor(s) of the resource, so they can contact me directly about their products or services. Please refer to the privacy policies of such sponsor(s) for more details on how your information will be used by them. You may unsubscribe at any time.

    Latest in News & Notes

    News & Notes

    Rotary pump 

    Watson Marlow Fluid Technologies Solutions
    Nov. 30, 2023
    News & Notes

    Motion names new automation intelligence group vice president

    Motion Industries
    Nov. 29, 2023

    Most Read

    Hammermill and roll crusher maintenance and operation

    dataPARC releases next-generation data historian platform

    International Powder & Bulk Solids Conference & Exhibition returns April 25-27

    Sponsored Recommendations

    Rotary pump 

    Choosing the right heat exchanger for food processing

    Motion names new automation intelligence group vice president

    Processing Magazine
    http://www.facebook.com/ProcessingMagazine
    https://www.linkedin.com/showcase/27062974
    https://twitter.com/ProcessingMag
    • About Us
    • Contact Us
    • Advertise
    • Do Not Sell or Share
    • Privacy Policy
    • Terms & Conditions
    © 2023 Endeavor Business Media, LLC. All rights reserved.
    Endeavor Business Media Logo