BASF to reduce acrylic acid production at Freeport, Texas

10 December 2008 23:31  [Source: ICIS news]

HOUSTON (ICIS news)--BASF will temporarily reduce its Freeport acrylic acid (AA) production in Texas and idle the site's butyl acrylate unit in mid-December, an industry source said on Wednesday.

The actions were prompted by a rapid drop-off in demand and the company's resultant excess inventory, the source said. A spokesperson for BASF could not be immediately reached for comment.

Announced to customers on Wednesday, the measures will be in effect for about six weeks.

The magnitude of the AA cut was not specified, but was characterised as "significant," the source said.

BASF, which produces 235,000 tonnes/year of AA at Freeport, will assess market conditions during the first half of first-quarter 2009 to determine whether the cutbacks will be extended, the source said.

Other US producers of acrylic acid and acrylate esters include Dow Chemical, Rohm and Haas, Sasol and Arkema.

For more on BASF's Freeport operations visit ICIS plants and projects
To discuss issues facing the chemical industry, go to ICIS connect


By: Larry Terry
1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index