US January etac imports rise 24% year on year, exports drop 17%

08 March 2013 19:32  [Source: ICIS news]

HOUSTON (ICIS)--US ethyl acetate (etac) imports in January rose by 24% year on year, largely on greater shipments to Mexico, according to data released on Friday by the US International Trade Commission (ITC).

Etac exports dropped by 18%, totalling 2,215 tonnes, compared with 2,685 tonnes in January 2012. The export decline came from reduced shipments to destinations that receive less than 100 tonnes a month.

Etac imports, usually much larger than exports, totalled 3,448 tonnes, up solidly over 2,785 tonnes in January last year.

Mexico accounted for much of the import increase, taking 1,599 tonnes in January compared with 1,008 tonnes in the same month of 2012.

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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