Fatty acids US Transcript
The North American market that ICIS carries on fatty acids is for tallow-derived fatty acids. We do carry a C16 palmitic acid quote on the report, but that is derived from Southesat Asian prices.
The other ones are all C18s, we have triple-pressed fatty acid, we have rubber-grade fatty acid and C18 oleic acid. The market here moves on a monthly basis, and the report is done on a weekly basis.
We are rolling out a report for tall-oil fatty acids, and in the US these particular products are used in all sorts of applications from surfactants to wood products to industrial uses.
The fatty acids are part of the oleic acid family of chemicals and they are made through a process that provides a fatty acid and a glycerine co-product