08 April 2013 21:24 [Source: ICIS news]
HOUSTON (ICIS)--US ethyl acetate (etac) imports in February dropped more than 15% year on year because of reduced shipments from Brazil, according to data released on Monday by the US International Trade Commission (ITC).
Etac imports, usually much larger than exports, totalled 3,692 tonnes, down from 4,370 tonnes in the same month last year. Shipments from Brazil totalled 360 tonnes, compared with 1,274 tonnes in February 2012.
Etac exports rose nearly 10% to 1,580 tonnes, compared with 1,439 tonnes in February 2012.
Much of that gain came from increased exports to Brazil and Venezuela. The two countries accounted for about 73% of all US exports in February, compared to virtually nothing 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.
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