Corrected: Europe August chlorine output down 1.1%, caustic soda stocks up 0.4%

12 September 2012 16:02  [Source: ICIS news]

Correction: In the ICIS news story headlined “Europe August chlorine output down 1.1%, caustic soda stocks up 0.4%” dated 12 September 2012, please read in the second paragraph … stood at 26,306 tonnes in August, down from 26,587 tonnes in July … instead of … up from 26,587 tonnes in July ... A corrected story follows.

LONDON (ICIS)--Average European daily chlorine production in August decreased by 1.1% from July, while inventories of co-product caustic soda increased by 0.4% in the same period, according to industry body Euro Chlor on Wednesday.

Average daily production of chlorine for the region comprising the EU27, Norway and Switzerland, stood at 26,306 tonnes in August, down from 26,587 tonnes in July. Caustic soda stocks increased to 254,924 tonnes, up from 253,861 tonnes in the previous month.

Euro Chlor's year-on-year figures show that average daily chlorine production was 1.9% lower than in August 2011, while caustic soda stocks were 4,602 tonnes below the level of August 2011.

Chlorine capacity utilisation in August stood at 76.3%, down from 77.1% in the previous month and 78.9% in August 2011. 

Chlorine production & capacity utilisation 

Month

Production (tonnes)

Capacity Utilisation (%)


2011

2012

% change

2011

2012

January

861,834

849,431

-1.4%

80.5%

79.5%

February

809,138

759,090

-6.2%

83.6%

75.9%

March

874,060

858,271

-1.8%

81.6%

80.3%

April

832,085

833,820

+0.2%

80.3%

80.6%

May

796,716

829,051

+4.1%

74.4%

77.5%

June

863,890

760,463

-12.0%

83.4%

73.5%

July

889,061

824,201

-7.3%

83.0%

77.1%

August

845,338

815,473

-3.5%

78.9%

76.3%

Caustic soda stocks (tonnes)

 Month

2011

2012

January

271,668

250,408

February

281,587

262,823

March

243,409

256,397

April

260,675

285,844

May

236,790

275,937

June

266,265

255,678

July

251,385

253,861

August

259,526

254,924

($1 = €0.78)

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By: Abache Abreu
+44 2086523214



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