Chemistry industry performance snapshot for the first half of 2018

Chemistry Sector shows strength in first half of 2018, GDP growth hits 4.1% in Q2.

Highlights:

  • Shipments of industrial chemicals declined one per cent in the first half of 2018 compared to the first half of 2017.
  • Exports for industrial chemicals were up six per cent in the first half of 2018 compared to 2017. All sub-sectors showed growth, led by petrochemicals and inorganic chemicals.
  • Industrial chemical GDP grew 4.1 per cent in the second quarter of 2018 compared to the first quarter of the year.