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A Strong End to 2020 and cautious optimism with tailwinds into 2021

Industrial chemicals outperform manufacturing in November with 1.7% growth from October   Industrial chemical shipments rose 1.7 per cent in November on the back of a 2.8 per cent surge in shipment for resin and synthetic rubber products. This was more than enough to offset a 2.6 per cent decline in basic chemicals shipments. The final months of 2020 saw all resin and basic chemical sub–sectors, except for inorganic chemicals, shipments recover to near the five–year average.   […]

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