Resin Production Up Year Over Year
Plastic resin is down month to month but up from 2022.
January 3, 2024
US production of major plastic resins totaled 8.1 billion pounds during November 2023, a decrease of 0.9% compared to the prior month, and an increase of 12.2% compared to the same month in 2022, according the American Chemistry Council’s Plastics Industry Producers’ Statistics Group. Year-to-date production was 88.2 billion pounds, a 3.4% increase as compared to the same period in 2022.
Sales and captive (internal) use of major plastic resins totaled 7.8 billion pounds in November 2023, a decrease of 4.6% compared to the prior month, and an increase of 4.3% from the same month one year earlier. Year-to-date sales and captive use were 87.2 billion pounds, a 2.4% increase as compared to the same period in 2022.
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