installed capacity exceeded 68% and reached the highest level so far this year

installed capacity exceeded 68% and reached the highest level so far this year

The sectoral blocks that are located below the general level are food products and beverages (64.8%)publishing and printing (61.7%), tobacco products (61.5%), textile products (59.5%), metalworking except automotive (57.1%), automotive industry (57.1%), and rubber and plastic products (55.4%).

In May 2022, compared to the same month in 2021, the main positive effects are observed in the basic metal industries, food and beverage products and the metal-mechanic industry except automotive.

The basic metal industries present a level of utilization of the installed capacity of 85.8%, higher than that registered in the same month of the previous year (74.4%), mainly related to a greater production of crude steel. According to data from the Argentine Chamber of Steel, the production of crude steel shows a year-on-year increase of 14.3% in May.

The food products and beverages exhibit a level of utilization of the installed capacity of 64.8%higher than that registered in May 2021 (59.1%), mainly linked to a growth in the production of red meat and in the level of utilization of the capacity of the water and soft drink plants.

The metalworking industry except automotive registers a level of utilization of the installed capacity of 57.1%, higher than that of the same month of the previous year (49.8%), as a consequence, mainly, of a greater manufacture of agricultural machinery and household appliances. domestic.

The Automotive industry shows a level of utilization of the installed capacity of 57.1%, higher than that of May 2021 (44.6%), related to a greater number of units manufactured by automotive terminals.

The non-metallic mineral products registered an installed capacity utilization level of 81.4%, higher than the same month of 2021 (68.9%), as a consequence, mainly, of a greater manufacture of cement, glass, plasterboard and mosaics.

the block of chemicals and substances exhibits a level of utilization of the installed capacity of 74.3%, higher than that registered in the same month of the previous year (71.7%) as a result of higher levels of production of fertilizers, basic chemical products and plastic raw materials.

The oil refining shows an installed capacity utilization level of 81.3%, higher than in May 2021 (75.4%), based on a higher level of crude oil processing.

The rubber and plastic products present a level of utilization of the installed capacity of 55.4%, higher than that registered in the same month of 2021 (50.5%), related to higher levels of manufacturing of plastic products.

The paper and cardboard production exhibits a level of utilization of the installed capacity of 78.0%, higher than the same month of the previous year (74.0%), explained, mainly, by a greater manufacture of sanitary paper and paper and cardboard for containers and packaging.

Source: Ambito

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