acetic acid
Jul 14th, 2010
Global Acetic Acid Demand Is Forecast to Grow at 3 – 4% per Year
The three largest derivatives of methanol are formaldehyde, methyl tertiary butyl ether and Acetic acid (one of the simplest carboxylic acids).
Acetic acid is an important chemical reagent and industrial chemical, used in the production of polyethylene terephthalate (used in soft drink bottles), cellulose acetate (for photographic film), and polyvinyl acetate (for wood glue), as well...
Feb 18th, 2010
Methanol: 2010 World Market Outlook and Forecast Been Recently Released by MarketPublishers.com
LONDON – Within Chemicals & Petrochemicals Reports Package 2010, a newly updated market report “Methanol: 2010 World Market Outlook And Forecast” has been recently issued by Market Publishers, Ltd. The report features important aspects of Methanol market, provides its full and thorough analysis, focusing on the regional, country and world markets. It is broken into...
Feb 16th, 2010
Ethyl Acetate (ETAC): 2010 World Market Outlook And Forecast Been Recently Released by MarketPublishers.com
LONDON – Global Ethyl Acetate (ETAC) demand is expected to grow at 3-4%/year due to the demand for surface coatings, moreover, ETAC is to replace the restricted solvents.
Global demand for industrial coatings is estimated to grow at around 3% a year from 2010 to 2015 with China, Japan, and South Korea leading the way....
Feb 5th, 2010
Ethanol 2010 World Market Outlook And Forecast Been Recently Released by MarketPublishers.com
LONDON – Within Chemicals & Petrochemicals Reports Package 2010, a newly updated market report “Ethanol: 2010 World Market Outlook And Forecast” has been recently issued by Market Publishers, Ltd. The report features important aspects of ethanol market, provides its full and thorough analysis, focusing on the regional, country and world markets. It is broken...
Jul 14th, 2009
Sipchem and Hanwha Chemical Sign Joint Venture Agreement for Polymers Projects
Saudi International Petrochemical Company (Sipchem) and Hanwha Chemical Corporation of South Korea announced that they have signed a Joint Venture Agreement today to establish a new petrochemical company in Al-Jubail Industrial City, Saudi Arabia that will be owned 75% by Sipchem and 25% by Hanwha Chemical. The new polymers venture comprises of a 200,000 metric...
Jul 7th, 2009
Celanese Sells Polyvinyl Alcohol (PVOH) Business to Sekisui Chemical
Celanese Corporation has sold its polyvinyl alcohol (PVOH) business to Sekisui Chemical Co., Ltd., a Japan-based company engaged in the manufacture of chemicals and resin processing.
Celanese is a US-based manufacturer and distributor of acetic acid, vinyl acetate monomer, and PVOH resin.
Source: individual.com
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May 12th, 2009
Celanese to Augment Acetic Acid Production Using New Technology at China Facility
Global chemical company Celanese Corporation (USA) recently announced to increase its cost savings estimates to approximately US$250 mln by 2010, compared with its previously announced estimates of between US$100 - 120 mln. The company said it will achieve this by streamlining production with demand among other measures. Steven Sterin, senior vice president and chief financial...
Apr 8th, 2009
Caustic Soda Up on High Demand
Caustic soda prices on Wednesday rose by Rs 100 per 50 kg in the national capital on pick-up in demand from detergent manufacturers amid lower arrivals from producing belts.
Caustic soda flake rose by Rs 100 to Rs 1,475-1,550 per 50 kg. Meanwhile, prices of other chemicals ruled steady on scattered deals.
Following were Wednesday’s quotations:
Ammonium chloride...
Apr 6th, 2009
Asian Acetic Acid Prices Jump 14-16% on Supply Crunch
Asian acetic acid prices jumped around 14-16% this week on tight supply, as a major producer in Southeast Asia announced a force majeure.
The force majeure was issued by Malaysia’s BP Petronas Acetyls, slashing its customers’ contractual allocations by 50%, a source close to the company confirmed Wednesday.
The reduction in the allocation will tentatively...
Mar 19th, 2009
Glacial Acrylic Acid Demand Will be Increasing at 2%/Year Mainly due to the SAPs Market Growth
LONDON-Since late last year, Acrylic acid market has been facing tough conditions. Asian glacial acrylic acid and acrylate esters markets witnessed a downtrend, downturn continued in the European market that remained oversupplied. Rapidly decreasing demand from downstream markets was typical for US.
The situation is expected to change in the second half of 2009 -...
Feb 5th, 2009
Petrochemicals Market Reports 2009 were Released by Merchant Research & Con-sulting Ltd
LONDON, England Merchant Research & Consulting Ltd. (http://mcgroup.co.uk) completed a series of reports devoted to the Petrochemicals Markets in January 2009.
The Reports Package captures the main petrochemical intermediates, which are produced from the primary olefins and aromatics building blocks. They are Acetic Acid, Acetone, Acrylic Acid, Acrylonitrile, Ammonia, Cyclohexane, Ethanol, Ethyl Acetate, Monoethylene Glycol, Ethylene...