Lucite resumes US MMA shipments, but volumes allocated

02 August 2013 21:36  [Source: ICIS news]

HOUSTON (ICIS)--US methyl methacrylate (MMA) producer Lucite has resumed shipments to North American customers from its plant in Memphis, Tennessee, the company said on Friday.

The resumption of domestic supply - at undisclosed allocation levels - came sooner than the company anticipated.

Following a second unplanned outage in as many weeks at one of Lucite’s raw materials suppliers, the company ceased shipments from its Memphis site more than a week ago.

The company initially announced that it hoped to begin supplying customers during the week of 5 August.

“We were able to get a little ahead,” a company source said. “We’ll come out of this as quickly as possible, and we hope to increase the allocation level as we move forward.”

Current MMA railcar prices are in a range of $1.18-1.22/lb ($2,601-2,690/tonne, €1,977-2,044/tonne), as assessed by ICIS.

US MMA producers include Lucite, Arkema, Dow Chemical and Evonik.

($1 = €0.76)

By: Larry Terry
1 713 525 2653

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