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1st Quarter 2006 U.S. Petrochemical Production Falls 13 Percent from 1st Quarter 2005; Increases 5 Percent from 4th Quarter 2005; 1st Quarter 2006 Inventories down 27% from 1st Quarter 2005; down 27% compared to 4th Quarter 2005.


WASHINGTON -- NPRA NPRA National Petrochemical and Refiners Association
NPRA National Professional Rodeo Association
NPRA National Petroleum Refiners Association
NPRA National Petroleum Reserve in Alaska
NPRA National Performance Results Act
NPRA Nurse Practicing Act and Nursing Peer Review Act of 1999
, the National Petrochemical & Refiners Association, released the results of its first quarter petrochemical production and inventory surveys on Thursday, April 27. VERIS Consulting, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 conducts the survey for NPRA.

In the first quarter of 2006, total production of the 15 petrochemicals surveyed and reportable was 46.4 billion pounds. This figure represents a decrease of 13% compared with same quarter 2005 production of 53.2 billion pounds of these petrochemicals, and an increase of 5% compared with fourth quarter 2005 production of 44.0 billion pounds of the same petrochemicals. Total first quarter 2006 inventories of the six petrochemicals reportable was 4.3 billion pounds. These figures represent a decrease of 27% from same quarter 2005 inventories of 5.9 billion pounds, and a decrease of 27% compared to the fourth quarter 2005 inventories of 5.9 billion pounds of the same petrochemicals. From the fourth quarter of 2005 to the first quarter of 2006, production of eight of the 15 petrochemicals surveyed and reportable increased while inventories of six of the seven petrochemicals surveyed and reportable decreased.

NPRA regularly surveys the U.S. petrochemical and refining industries on a quarterly basis regarding production of 20 petrochemicals. NPRA also surveys end of the quarter inventory levels for eight of those petrochemicals. Data are only reported if they meet the NPRA policy for a minimum number of reporters and a maximum share of a statistic statistic,
n a value or number that describes a series of quantitative observations or measures; a value calculated from a sample.


statistic

a numerical value calculated from a number of observations in order to summarize them.
 by any one reporting company. The petrochemicals surveyed include ethylene ethylene (ĕth`əlēn') or ethene (ĕth`ēn), H2C=CH2, a gaseous unsaturated hydrocarbon. It is the simplest alkene. , propylene propylene /pro·pyl·ene/ (pro´pi-len) a gaseous hydrocarbon, CH3CHdbondCH2.

propylene glycol  a colorless viscous liquid used as a humectant and solvent in pharmaceutical preparations.
, butadiene butadiene (byt'ədī`ēn), colorless, gaseous hydrocarbon. There are two structural isomers of butadiene; they differ in the location of the two carbon-carbon double bonds in the , benzene benzene (bĕn`zēn, bĕnzēn`), colorless, flammable, toxic liquid with a pleasant aromatic odor. It boils at 80.1°C; and solidifies at 5.5°C;. Benzene is a hydrocarbon, with formula C6H6.  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.

Member subscribers can now access the Survey of Production and Inventory Report for First Quarter 2006 on the NPRA website. It is part of the NPRA family of Petrochemical Surveys, including the Americas Report Survey of Production published quarterly, and the Selected Petrochemical Statistics, U.S. Trade Data Report published monthly. For more information on the reports and how to subscribe, please contact Rose Sabijon at rsabijon@npra.org.

NPRA's members include the owners and operators of virtually all U.S. refining capacity as well as most U.S. petrochemical manufacturers.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 2, 2006
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