24 December 2002 21:05 [Source: ICIS news]
HOUSTON (CNI)--The US sodium chlorate market will expand annually at a pace of 4%, driven by a recovery in the pulp and paper industry, according to an analysis made available to CNI Tuesday.
Said Roger Shamel, president of Consulting Resources Corporation (CRC) of Lexington, Massachusetts: "After experiencing an exceptionally difficult period along with the rest of the chloralkali industry, sodium chlorate is now poised for a year of solid growth. . . Most of the US leading economic indicators point to an expansion indicating a slow but nevertheless real recovery for the economy as a whole."
He added that pulp and paper manufacturers use more than 97% of domestically produced sodium chlorate in the production of chlorine dioxide - used as a pulp-bleaching agent.
Said Shamel: "The positive impact of an economic upturn on the pulp and paper industry will be a major factor in sodium chlorate's recovery."
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