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US Plastic Resin Production Rebounds in October-ACC
November 30, 2021

US production of major plastic resins rebounded in October, according to data released by the American Chemistry Council (ACC) this week. The increase in production came as US producers ramped up operating rates following hurricane disruptions and supply chain challenges in September, which forced many petrochemical and resin units in Louisiana to reduce rates or temporarily shut down.

ACC data showed major plastic resin production in October rose 9.3% to 7.8 billion lbs. The October production figure was also up slightly by 0.2% from a year earlier.

Year-to-date production was 75.5 billion lbs, also slightly higher by 0.7% from a year earlier.

Meanwhile, sales and captive (internal) use of major plastic resins were also higher in October, totaling 7.4 billion lbs for an increase of 4% from September, and a decrease of 0.2% from the same month one year earlier. Year-to-date 2-21 sales and captive use was at 74.2 billion lbs, down 2.3% for the same period in 2020.

By Brian Balboa for The Plastics Exchange.

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