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After strong start, U.S. resin production slips for second straight month
U.S. production of major plastic resins in April was down 3.2% to 6.1 billion lb compared to year-ago data, with year-to-date production up 1.5% compared to the same period 2011, reaching 25.3 billion lb. Statistics released by the American Chemistry Council (ACC) show that sales and captive (internal) use of major plastic resins totaled 5.8 billion lb during April 2012, a decrease of 8.8% from April 2011. Year-to-date sales and captive use totaled 24.4 billion lb, a 2.1% decrease as compared to the same period in 2011.
PlasticsToday Staff
June 7, 2012
1 Min Read
.svg?width=850&auto=webp&quality=95&format=jpg&disable=upscale "After strong start, U.S. resin production slips for second straight month")
In March, the ACC reported that U.S. production of major plastic resins was down 4.6% to 6.4 billion lb. That was in stark contrast to February, when production was up 11.9% to 6.2 billion lb. The figure also rose in the first month of the year, when production increased by 3% over January 2011 to 6.5 billion lb.
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