29 November 2010 23:35 [Source: ICIS news]
HOUSTON (ICIS)--US monoethylene glycol (MEG) production was down 8.6% from January through September compared with the same time in 2009, the National Petrochemical & Refiners Association (NPRA) said on Monday.
MEG production was 2.13bn lb (966,000 tonnes) through the end of September down from 2.33bn lb during the same period the previous year.
A series of planned turnarounds and unscheduled outages between July and October limited MEG production in the third quarter to 701m lb. That was down 22% from 898m lb in the third quarter of 2009.
The third quarter is typically a busy period for MEG producers because of a rise in demand from antifreeze sellers ahead of the seasonal drop in temperatures.
November US MEG prices were 47-52 cents/lb ($1,036-1,146/tonne or €777-860/tonne) FOB (free on board), as assessed by ICIS.
US MEG suppliers include Equistar, Huntsman, MEGlobal, Old World, SABIC and Shell.
($1 = €0.75)
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.
|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|