US Q3 phenol production falls by 14% year on year - NPRA

30 November 2011 23:09  [Source: ICIS news]

HOUSTON (ICIS)--US third-quarter production of phenol fell by 14% year on year, according to data received by ICIS from the National Petrochemical & Refiners Association (NPRA) on Wednesday.

US phenol production was 474,000 tonnes, down from 554,000 tonnes for the third quarter of 2010.

Compared with the second quarter of 2011, production fell by 6%, from 506,000 tonnes.

Although demand for phenol was strong for much of the third quarter, production was down because of a shortage of feedstock cumene.

Demand was driven mostly by exports into Asia and domestic production of bisphenol A (BPA).

However, demand for phenol co-product acetone was stable to soft during the third quarter, pushing down on operating rates.

The US October phenol contract price is 73.08–77.53 cents/lb ($1,611–1,709/tonne, €1,208–1,282/tonne) FRT EQ (freight equalised), as assessed by ICIS.

Data from the NPRA was provided by Dow Chemical, INEOS Phenol, Georgia Gulf, Shell Chemical and Sunoco.

($1 = €0.75)

For more on phenol visit ICIS chemical intelligence


By: John Dietrich
713-525-2600



AddThis Social Bookmark Button

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.

Printer Friendly