03 August 2012 02:57 [Source: ICIS news]
Jiangsu Sopo operates three acetic acid plants with a combined capacity of 1.2m tonnes/year as well as a 500,000 tonne/year methanol unit at the same
While its acetic acid supply is integrated, it has to purchase co-feedstock ethanol from other producers.
“We are keeping our acetic acid output at a reduced level because of weak margins,” said the official.
“Supply of ethanol has also tightened because several plants have cut output in recent weeks [for the same reason of compressed margins],” he added.
Limited feedstock supply is expected to keep
Etac, which is mainly produced by the esterification of ethanol with acetic acid, is used in coating formulations like epoxies and vinyls, and in solvent applications for inks and food.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections