Acetic acid Overview Transcript
Most acetic acid is produced by methanol carbonylation. In this process methanol and carbon monoxide react to form acetic acid. The principal outlets for acetic acid are into vinyl acetate monomer or VAM, acetic anhydride and purified terephthalic acid or PTA. Europe is structurally dependent on imported material.
The largest European producer is BP which is based at Hull in the UK. There is also significant production in Serbia and Russia but other European plants are largely for internal consumption.
The main importers are Celanese and LyondellBasell from the US and International Acetyl Company based in Saudi Arabia. However, in a tight market buyers can source additional volumes from Asia.