14 September 2007 17:37 [Source: ICIS news]
New requirements from the MPG market are poised to increase glycerine demand by as much as 20m lb (9m kg)/year, according to buyers and sellers of glycerine.
“It’s making a real difference very quickly,” one glycerine trader said.
The fresh demand factor is entering the US market at a time when domestic refined glycerine inventories are said to be at historic lows.
Distributors and producers said the last industry value published by the Soap & Detergent Association (SDA) placed inventories at 36m lb as of May 2007.
The SDA no longer tabulates the industry’s inventory data, and no new information has been made available since the May release.Major US producers of refined glycerine include Procter & Gamble, Cognis Oleochemicals, Uniqema, Chemtura and Dial.
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