28 September 2011 18:55 [Source: ICIS news]
HOUSTON (ICIS)--The US chlor-alkali production rate for August was 87%, up 2 percentage points from the July figure, a trade group said on Wednesday.
The Chlorine Institute released its monthly production figures, which showed the August industry chlor-alkali output as 992,371 tons (900,279 tonnes) of chlorine and 1.04m tons of caustic soda.
The July chlor-alkali operating rate was at 85%.
Market participants said US chlorine demand will drop during the fourth quarter and caustic soda supply will tighten.
One distributor said the August rates were as expected, given fewer production issues occurred in August than in July.
Major US chlor-alkali producers include Formosa Plastics USA, Georgia Gulf, Shintech, Occidental Chemical (OxyChem) and Westlake.
($1 = €0.73)
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