20 March 2008 20:51 [Source: ICIS news]
HOUSTON (ICIS news)--?xml:namespace>
However, February's production of 1,089,625 tonnes was 89% if the capacities of chlor-alkali plants in turnaround that month were included, according to the trade group.
Sources said chlorine production spiked in January because producers were building-up inventory in anticipation of several temporary outages at US chlor-alkali plants in February.
The situation was complicated when Olin, the third-largest
A critical shortage of chlorine’s co-product, caustic soda, soon followed Olin’s FM declaration, but sources said most producers did not stockpile enough caustic soda to take full advantage of fast-rising prices in March. Caustic soda production amounted to 1,133,250 tonnes in February, according to the Chlorine Institute.
Chlorine production was 89% of capacity in February 2007, according to the Chlorine Institute.
($1 = €0.64)
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