Asian demand key to global chemical outlook (Chemicals & The Economy)
Asia-Pacific. Output (blue line) was up 17% versus Q1 2008, due to China’s lending and stimulus programmes.
Middle East/Africa. Output (orange) up 16%, due to advantaged feedstock.
Latin America. Output (green) was at Q1 2008 level, due to Asian demand.
W Europe. Output (purple) was down 4%, with stimulus programmes ending.
CEE. Output (green) was down 5%, after a strong rise in Q2 2010.
N America. Output (red) was down 8%, with Q2 2010 static vs Q1.