Corrected: US MA exports jump 14% in January year over year

13 March 2009 21:46  [Source: ICIS news]

Correction: In the ICIS news story headlined "US MA exports jump 14% in January year over year" dated 13 March 2009, please read in the first paragraph ...2.664m kg in January, 14% more than January 2008 when exports were 2.335m kg... instead of ...2.664m litres in January, 14% more than January 2008 when exports were 2.335m litres....
Please read in the second paragraph ... 1.879m kg ... instead of ... 1.879m litres....
Please read in the fourth paragraph ... 1.503m kg to 818,773 kg ... instead of ... 1.503m litres to 818,773 litres ....
Please read in the fifth paragraph... 264,400 kg in January while Canadian imports were 192,551 kg... instead of  ... 264,400 litres in January while Canadian imports were 192,551 litres .... A corrected story follows.

HOUSTON (ICIS news)--US maleic anhydride (MA) exports were 2.664m kg in January, 14% more than January 2008 when exports were 2.335m kg, the US International Trade Commission (ITC) said on Friday.

More than half of US MA exports were destined for Mexico, which took 1.879m kg, or 58% more material in January 2009 compared with the same time period in 2008.

MA exports to Canada fell by 48% in January.

On the import front, foreign MA volumes coming into the US plummeted from 1.503m kg to 818,773 kg, or 46%, year-over-year in January.

MA from Belgium decreased by 63% to 264,400 kg in January while Canadian imports were 192,551 kg in the same time period, a drop of 46% from a year earlier.

The major MA producers in the US are Huntsman, Lanxess, Marathon, and Flint Hills Resources (FHR). Bartek sells MA from Canada and Idesa is a producer in Mexico.

For more on maleic anhydride visit ICIS chemicals intelligence
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By: Ryan Hickman
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