29 March 2009 16:40 [Source: ICIS news]
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Polycarbonate (PC) soared in popularity in the earlier part of the decade, enjoying double-digit growth as consumers switched over from records and VHS tapes to CD and DVD discs.
Overcapacity and an internet generation who preferred to download entertainment rather than purchase a tangible product caused PC’s double-digit growth to sink to the single digits, affecting the phenol market.
Then, in 2008, popularity of PC products in the food and beverage sector sank as health concerns about bisphenol A (BPA) feedstock grew.
Phenol spot prices fell to 24 cents/lb ($529/tonne or €397/tonne) FOB (free on board) US Gulf from a high of $1,675/tonne in 2008, according to data from global chemical market intelligence service ICIS Pricing.
US phenol sellers include
The 2009 International Petrochemical Conference runs Sunday through Tuesday.
($1 = €0.75)
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