The Methylene Chloride report is published weekly in Asia and Europe by ICIS' locally-based reporters. The trusted price assessments cover spot markets in both regions. Unbiased and informative market commentary includes intelligence on regional movements, upstream impacts and any relevant production issues at the time of publication as well as a wider overview.
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Methylene chloride news and market information products from ICIS
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Methylene chloride: Market overview
Updated to Q4 2016
Europe: There was a firmer price sentiment in the European methylene chloride spot market in early Q4, amid tightening supply in the Mediterranean. This is understood to be because KEM ONE is not be active in the spot market, ahead of its imminent conversion plant turnaround at Lavera in France. KEM ONE’s plant conversion turnaround is due to start at the end of October and last for two and a half months. In northwest Europe, supply in early Q4 remains so far unaffected by KEM ONE’s upcoming plant turnaround and attempts to raise prices in northwest Europe have been met with resistance so far. Underlying demand is seen to be normal, but with any additional demand during Q4 believed to be because of maintenance plans for KEM ONE. European methylene chloride domestic spot prices during the fourth quarter are likely to be driven by market factors for the most part rather than feedstocks. However, there is also an underlying need for producers to recoup lost margins, because of increases in upstream methanol contract costs during the third and fourth quarters of 2016, which have yet to be passed on, as is the case at the time of writing.
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Methylene Chloride Methodology
About Methylene chloride
Methylene chloride, also known as dichloromethane, is a chlorinated hydrocarbon produced by the chlorination of chloromethane. Further chlorination of the mixture of chlorinated methanes results in chloroform and carbon tetrachloride being produced.
Methylene chloride’s ability to dissolve a wide range of organic compounds makes it a useful solvent for many chemical processes. It is also used as a paint stripper and metal cleaning and finishing. Other applications include aerosol propellants, foam blowing, extraction medium in food processes, pharmaceuticals and cosmetics.
While methylene dichloride is the least toxic of the simple chlorohydrocarbons, it has health risks due to its volatility. It is also considered to be a potential occupational carcinogen. As a result, alternatives have been sought in many applications.