US Q1 styrene production, inventories fall year on year

31 May 2011 21:30  [Source: ICIS news]

HOUSTON (ICIS)--First-quarter US styrene monomer production fell 5% and inventories fell 13% when compared with the same time last year, the National Petrochemical & Refiners Association (NPRA) said on Tuesday.  

First-quarter styrene production was at 2.1bn lb (952.6m tonnes), down from 2.2bn lb at the same time in 2010.

Meanwhile, styrene inventories were at 503m lb, down 13% from 581m lb in the first quarter of 2010.

The decline comes despite stronger styrene spot prices in the first quarter.

Major US styrene producers include Americas Styrenics, INEOS NOVA, LyondellBasell, Total and Westlake Chemical – all of which contributed production figures included in the NPRA survey.

US styrene production (millions of lb)

Q1 2010	Q2 2010	Q3 2010	Q4 2010	Q1 2011
2,219,557	2,269,928	2,362,723	2,191,427	2,084,173

US styrene inventory (millions of lb)

Q1 2010	Q2 2010	Q3 2010	Q4 2010	Q1 2011
581,326	508,188	432,851	525,419	502,849

For more on styrene, visit ICIS chemical intelligence

By: Brian Balboa
+1 713 525 2653

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