US May 2023 resin production up by 0.5%
Chemical

US May 2023 resin production up by 0.5%

Year-to-date production was 39.5 billion pounds, a 0.9 percent decrease as compared to the same period in 2022

  • By ICN Bureau | July 04, 2023

U.S. production of major plastic resins totaled 7.7 billion pounds during May 2023, an increase of 0.5 percent compared to the prior month, and a decrease of 6.2 percent compared to the same month in 2022, according to statistics released today by the American Chemistry Council (ACC).  Year-to-date production was 39.5 billion pounds, a 0.9 percent decrease as compared to the same period in 2022.

Sales and captive (internal) use of major plastic resins totaled 7.8 billion pounds during May 2023, an increase of 6.6 percent compared to the prior month, and a decrease of 2.0 percent from the same month one year earlier.  Year-to-date sales and captive use were 38.4 billion pounds, a 2.5 percent decrease as compared to the same period in 2022.

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