Petrochemical production drops in 2Q

The National Petrochemical & Refiners Association (NPRA) has released the results of its second quarter petrochemical production and inventory surveys. VERIS Consulting LLC conducts the survey.

In the second quarter of 2006, total production of the 15 petrochemicals surveyed and reportable was 47.8 billion pounds. This figure represents a decrease of 6% compared with same-quarter 2005 production of 50.6 billion pounds of these petrochemicals, and an increase of 3% versus first quarter 2006 production of 46.5 billion pounds of the same petrochemicals.

Total second quarter 2006 inventories of the six petrochemicals reportable was 5.5 billion pounds. This figure represents a decrease of 14% from same quarter 2005 inventories of 6.4 billion pounds, and an increase of 8% compared with first quarter 2006 inventories of 5.1 billion pounds of the same petrochemicals. From first quarter 2006 to second quarter 2006, production of 10 of the 15 petrochemicals surveyed and reportable increased, while inventories of three of the seven petrochemicals surveyed and reportable decreased.

Petrochemicals surveyed include ethylene, propylene, butadiene, benzene, and mixed xylenes — the basic building block chemicals — and the largest volume first and in some cases, second derivatives of these petrochemicals. The report is published one month after the end of each quarter.

E-mail Rose Sabijon at [email protected] for more details.

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