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Tuesday, May 24, 2022

US polypropylene production rises in May: ACC

US polypropylene production in May rose to almost 1.43 billion pounds (648,000 mt), up more than 84 million pounds from the final April total of 1.34 billion pounds, preliminary data from the American Chemistry Council showed Tuesday.

The figure would push year-to-date production to more than 6.78 billion pounds (3,026,257 mt).

Preliminary sales and captive use in May were reported at almost 1.43 billion pounds (648,556 mt), up 70.6 million from the previous month, while exports were at 34.28 million pounds (15,000 mt), up 9.08 million from April.

The ACC’s Plastics Industry Producers Statistics are compiled using data provided by plastics producers in the US and Canada to measure resin production, sales, capacity, and inventory.

– Platts.com

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