21 May 2013 23:46 [Source: ICIS news]
HOUSTON (ICIS)--Coproduct production rates for contained purity butadiene (BD) fell by 8.4% in April to 294m lb (133,358 tonnes) from 321m lb in March, the first time the measure has fallen below 300m lb since December, Petral Consulting said in its monthly report.
BD production in April was 5.8m lb/day, lower by 4.9% from 6.1m lb/day in March, the consultancy said.
"This month’s summary includes revisions to the forecasts the ethylene industry feedslate that show a surge in feedstock demand for normal butane in first half 2014," the Houston-based consulting firm said. "Economics will encourage ethylene producers to use more normal butane and less propane for the next four or five quarters. The adjustments to the industry feedslate forecast will have relatively little impact on coproduct supply of propylene or aromatics but the shift to normal butane will increase coproduct supply of butadiene/butylene/butane during this transition period."
US producers of BD include ExxonMobil, LyondellBassel, Shell and TPC Group.
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