US June chlor-alkali operating rates rise month on month to 92%

25 July 2011 16:50  [Source: ICIS news]

HOUSTON (ICIS)--The US chlor-alkali operating rate for June was 92%, slightly higher than May, according to industry trade data released on Monday.

The Chlorine Institute’s monthly production statistics showed June’s industry chlor-alkali output was 1.01m short tons (916,000 tonnes) of chlorine and 1.052m short tons of caustic soda.

May’s chlor-alkali operating rate was at 90%.

One caustic soda source said June’s rate showed that supply was lengthening.

“All plants are humming right along,” the source said.

A major caustic buyer said the rates were as expected, given that chlorine derivative exports remain profitable and demand is healthy.

Chlor-alkali caustic sources are expecting a slightly lower rate for July because of producer PPG Industries’ scheduled two-week maintenance turnaround at its Lake Charles, Louisiana, unit this month.

US caustic soda exports are at $410–450/dry metric tonne (dmt) (€287–315/dmt) FOB (free on board) USG (US Gulf), as assessed by ICIS.

February

March

April

May

June

89%

92%

89%

90%

92%

Source: The Chlorine Institute

Major US chlor-alkali producers include Formosa Plastics USA, Georgia Gulf, Shintech, Occidental Chemical (OxyChem) and Westlake.

($1 = €0.70)

Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy
For more on chlor-alkalis visit ICIS chemical intelligence


By: Ruth Liao
+1 713 525 2637



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