US acetic acid exports in May rise by 6.5% year on year

12 July 2011 20:22  [Source: ICIS news]

HOUSTON (ICIS)--US acetic acid exports rose by 6.5% to 86,196 tonnes in May from 80,938 tonnes in May 2010, according to US International Trade Commission (ITC) data released on Tuesday.

Belgium accounted for nearly all of the increase, taking 38% more acetic acid than it received in the same month a year ago.

Acetic acid exports to Belgium increased on supply disruptions in Europe, sources said. Celanese declared force majeure on European acetic acid, vinyl acetate monomer (VAM) and other related products in late March.

Belgium, Mexico and Brazil remained the top three export destinations through May, with the three countries receiving 375,781 tonnes or 89% of all US acetic acid exports.

Major US acetic acid sellers include BP, Celanese and Eastman Chemical.

For more on acetic acid, visit ICIS chemical intelligence

By: Lane Kelley
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