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ACC global production index flat for second month
July 25, 2014 | Lindsay Frost
ACC today released its global chemical regional production index, showing a flat measurement over June for the second month in a row on a three-month moving average basis (3MMA)—indicating stalled growth in the second quarter, with activity slightly up from the first quarter. Production gains occurred in North America, Central and Eastern Europe, Africa and the Middle East, and Asia-Pacific, ACC says. The index was up 3.5% year-over-year (YOY) on a 3MMA basis and stood at 114.4% of its average 2007 levels. Over June, capacity utilization in the chemistry...
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