24 May 2013 07:15 [Source: ICIS news]
XIAMEN(ICIS)-- Global acrylonitrile (ACN) demand is expected to grow by 2.3% in 2013 on the back of the increasing consumption from acrylonitrile-butadiene-styrene (ABS) sector, a source from Asia’s major ACN producer Asahi Kasei said on Friday.
The ACN demand growth will be at 2.3% in 2013 and the total global demand will rise to 5.3m tonnes this year from 5.2m tonnes in 2012, said the Mr Motomichi Kishino, general manager from Asahi Kasei’s Marketing Acrylonitrile department.
The demand growth is mainly attributed to the “the increasing demand from ABS, despite the AF sector [showing] a negative growth,” Mr Kishino said at the 2013 ACN China International ACN&Derivatives Market Forum.
Among the regions, Asia continues to be the strongest market driving global demand. The demand in Asia will reach around 3.36m tonnes by 2013, driven by ABS and acrylamide sectors, according to Mr Kishino.
The 2013 ACN China International ACN&Derivatives Market Forum was held in Xiamen, China on 24 May, 2013.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections