Mid-Year Situation and Outlook

This report presents an up to date assessment of current conditions and likely 2010 2014 prospects for the global business of chemistry, with particular emphasis on the US. The analysis reflects the ACC Global Index of Business of Chemistry Activity and other economic data and publicly available information through mid June. The ACC Global Production Index measures the production volume of the business of chemistry for 33 key nations, subregions, and regions, all aggregated to the world total. The index is comparable to the Federal Reserve Board (FRB) production indices and features a similar base year where 2002=100. This index is developed from government industrial production indices for chemicals from over 65 nations accounting for about 97% of the total global business of chemistry. The ACC Global Index measures production activity generally consistent with the overall industry nomenclature of NAICS 325, the EU NACE 24, and the UN’s ISIC 351 and 352 industries. That is, the index measures production of pharmaceuticals, soaps & detergents, personal care products, fertilizers, and other downstream products in addition to measuring inorganic chemicals, organic chemicals, plastic resins, synthetic fibers, synthetic rubber, adhesives and sealants, coatings, and other specialty chemicals. ACC’s Chemical Production Regional Index (CPRI) measures production activity of the Business of Chemistry among the various regions of the US.

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