New methyl methacrylate (MMA) capacity in the Middle East is approaching, and with it comes the potential turning point in the global MMA market, after a prolonged supply shortage.
Volumes from Saudi Methacrylates (SAMAC) - the joint venture between Mitsubishi Rayon (MRC) and SABIC’s 250,000 tonne/year plant - are expected to hit the market in the fourth quarter of this year. After a lengthy period of soaring prices, market players question if the worst of the supply constraint is over.
This ICIS infographic examines the new capacity in the Middle East, the impact on trade flows, and what further challenges the market may face in 2017.
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