US etac imports drop by 12% in May, exports rise by nearly 6%

11 July 2012 21:36  [Source: ICIS news]

HOUSTON (ICIS)--US ethyl acetate (etac) imports in May dropped by almost 12% year on year, mainly on fewer shipments from Mexico, while exports rose by about 6% on new markets in Turkey and Israel, according to data released Wednesday by the US International Trade Commission (ITC).

Etac exports totalled 2,498 tonnes, compared with 2,363 tonnes in the same month of 2011. Imports totalled 4,502 tonnes, compared with 5,091 tonnes in May 2011.

The export boost came from 1,540 tonnes shipped to Turkey and Israel, which did not receive any material in the same month last year.

Etac imports from Mexico declined by 1,102 tonnes to 2,398 tonnes, compared with 3,500 tonnes in May 2011.

Etac is a major ingredient in inks and coatings, particularly in nail polish. Major US etac producers include Celanese and Eastman Chemical.

 



By: Lane Kelley
+1 713 525 2653



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