The Butyl Acetate reports are published weekly in Asia, Europe and the US, providing independent, unbiased pricing assessments, news and analysis.
This invaluable market intelligence is collated by our locally based reporters and includes spot prices, domestic and contract prices where applicable, upstream movements, feedstock news and graphs. We provide the tools you need to make informed and confident commercial decisions.
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Butyl Acetate Overview Transcript
Buyl Acetate is mainly used in paint manufacturing and in the automotive industry. It is also used as glue in wood coatings and nail care, cosmetics and perfumes and as an extraction solvent for pharmaceuticals.
Buyl acetate’s key feedstocks are butanol and acetic acid
The main European producers are INEOS, OXEA, and BASF. Product can also be seen in Northwest Europe from Russia’s Eurochem and from Celanese in the US.
Producers generally agree contracts direct with the larger customers and have contracts with the distribution network to deliver to the medium and smaller buyers.
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Butyl acetate: Market overview
Updated to Q1 2017
US butyl acetate (butac) free-market prices during the first quarter of 2017 will largely track propylene contract values, with additional momentum from rising demand levels as paint makers begin to blend product ahead of the second-quarter US spring paint and coatings season. Spot propylene was spiking as the period began, and was expected to push propylene contract values higher, after declining year-end 2016 prices.
European butac prices are expected to return to the flat lower levels prevalent for the majority of 2016. The timing is entirely dependent on the end of the force majeure at BASF’s Ludwigshafen plant. Once this plant has returned, players believe the market will return to oversupply and prices will drop as a result. There is no indication of a return date yet and prices are likely to stay elevated while this is the case.
In Asia, butac spot prices firmed up in late 2016, mainly on the strengths of raw material costs. But upside potential of prices may be capped, considering that substantive downstream demand in Asia remains largely flat, and that the market is structurally over-supplied.
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Butyl Acetate Methodology
About Butyl acetate
Butyl acetate is a colourless liquid with a fruity banana odour that is commonly used as a solvent in the production of lacquers, inks and adhesives. It is highly flammable and miscible with common organic solvents such as alcohols, ketones, glycols and esters.
Butyl acetate is mainly used as a solvent in the production of paints and lacquers, inks, adhesives and hardened coatings. It is used in the pharmaceutical industry as a solvent and extraction agent, and used to purify penicillin.
Other uses include cosmetics and personal care products, fragrance solvent for perfumes, cleaning and car care products.
The main process for the manufacture of butyl acetate involves the esterification of butanol and acetic acid in the presence of a catalyst such as sulphuric acid.