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

    ACC: Both global and U.S. chemical production trended higher in March

    May 5, 2023
    "During March, chemical output increased in all regions except Africa & Middle East," said Martha Moore, ACC's chief economist. "Despite these gains, chemical output continued to be lower than last year's global production numbers."
    Related To: American Chemistry Council
    American Chemistry Council Logo

    WASHINGTON, May 4, 2023 (PRNewswire) — According to the American Chemistry Council (ACC), the Global Chemical Production Regional Index (Global CPRI) rose by 0.7% in March following a 0.2% increase in February. In the U.S., the U.S. Chemical Production Regional Index (U.S. CPRI) rose 2.6% in March. Both indices are measured on a three-month moving average (3MMA) basis to reduce month-to-month volatility.

    "During March, chemical output increased in all regions except Africa & Middle East," said Martha Moore, ACC's chief economist. "Despite these gains, chemical output continued to be lower than last year's global production numbers."

    In the U.S., the 2.6% gain in March reflects a bump in chemical production that followed a tough Q4. "Producers were challenged at the end of the year by customer destocking and winter-weather related disruptions," she added.

    Key findings:

    • The gain in March reflects higher chemical production in several major producing countries, including the United States, China, Russia, and Germany.
    • Global output is up in all segments, with the largest gains in synthetic materials, which includes plastic resins, synthetic rubber, and manufactured fibers.
    • According to U.S CPRI, output in the U.S. rallied in March and was higher than a month ago in all regions, with the largest gain in the Gulf Coast, home to much of the nation's basic industrial chemical and synthetic materials capacity.
    • In the U.S., output of plastic resins, organic chemicals, industrial gases, coatings, adhesives, crop protection chemicals, synthetic dyes & pigments, synthetic rubber, consumer products, and other specialty chemicals were higher. Gains were offset by lower production of synthetic rubber and fertilizers.

    American Chemistry Council

    The American Chemistry Council (ACC) represents the leading companies engaged in the multibillion-dollar business of chemistry. ACC members apply the science of chemistry to make innovative products, technologies and services that make people's lives better, healthier and safer. ACC is committed to improved environmental, health, safety and security performance through Responsible Care®; common sense advocacy addressing major public policy issues; and health and environmental research and product testing. ACC members and chemistry companies are among the largest investors in research and development, and are advancing products, processes and technologies to address climate change, enhance air and water quality, and progress toward a more sustainable, circular economy.

    Continue Reading

    Sponsored Recommendations

    Cosmo Oil and Yokogawa explore possibilities for refinery digitalization

    Plans include having quadruped robots perform plant inspections and maintenance.

    Processing Pros Ep. 3: Jack Hilbert talks pneumatic conveying

    Senior editor Nate Todd chats with Jack Hilbert about pneumatic conveying phases, common conveying challenges and two things all conveyor end users should know.

    Product focus: Powder and bulk processing

    Screen feeder STEDI-FLO screen feeder by Dynamic Air is a screen and feeder combination using either a single-, double- or triple-deck screen and a brute-force drive with two ...

    Understanding ratholing and bridging phenomena in bulk powder feeding

    Feeder design is critical to maintaining consistent and reliable material flow from storage vessels into processing equipment.

    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

    Courtesy of Yokogawa
    News & Notes

    Cosmo Oil and Yokogawa explore possibilities for refinery digitalization

    Dec. 4, 2023
    News & Notes

    Rotary pump 

    Watson Marlow Fluid Technologies Solutions
    Nov. 30, 2023

    Most Read

    Maintain to gain: The many benefits of pump maintenance

    Bluetooth actuator app

    5 energy conservation strategies for food and beverage processing plants

    Sponsored Recommendations

    Cosmo Oil and Yokogawa explore possibilities for refinery digitalization

    Processing Pros Ep. 3: Jack Hilbert talks pneumatic conveying

    Product focus: Powder and bulk processing

    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