Global and U.S. Chemical Volumes Grew in 2006

Global chemical volumes are estimated to have grown 4.2%, and U.S. chemical volumes increased 2.5% last year, due largely to a stable global economy, ACC says. The fastest growth was in China, which advanced about 20%, ACC says. Mideast chemical volumes grew 7.8%; Asia/Pacific volumes climbed 6.5%; Latin America, 3.7%; and Western Europe, about 3.5%, says ACC chief economist Kevin Swift. “The last four years of the global economy have been the best string of four since the late 1960s, early 1970s,” Swift says. One of the reasons is that other parts of...

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