The Ethyl Vinyl Acetate Asia report is published weekly by ICIS. The spot price assessments focus on three different grades.
Market commentary includes up-to-date news and analysis including an overview, plant turnarounds, feedstock movements and graphs comparing ethyl vinyl acetate with upstream markets. Our locally based reporters provide market intelligence which enables you to keep abreast of market developments, so that you are supported in making confident commercial decisions.
Updated to Q3 2017
The demand lull season for the 14-20% vinyl acetate (VA) content ethylene VA (EVA) in China for foaming applications is expected to persist into September in line with traditional patterns. On supply, China’s domestic EVA production is set to increase with the commencement of EVA production at Jiangsu Sailboat Petrochemical’s new EVA/low density polyethylene (LDPE) plant in the third quarter. In the Middle East, Petro Rabigh is also due to start up its LDPE/EVA swing unit in the same quarter. Market participants reserved their cautiously optimistic outlook for the second half of the year, namely in the 28-33% VA content EVA market for downstream photovoltaic applications as China seeks to boost demand for rooftop solar panels. Downstream solar cell encapsulant film producers in China were hopeful that this could bolster demand for solar panel modules in the second half of the year, which had been impacted in the second quarter by weaker demand from the larger utility-scale plants ahead of the government’s downward adjustments in China’s feed-in tariff (FIT) subsidies on 30 June.
We offer the following regional Ethylene vinyl acetate analysis and news coverage to keep you informed of factors and developments affecting prices in the Ethylene vinyl acetate marketplace.
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Ethylene Vinyl Acetate Methodology
Ethylene vinyl acetate (EVA) is a product derived from the copolymerisation of ethylene with vinyl acetate.
Ethylene vinyl acetate (EVA) is a copolymer that is manufactured from ethylene and vinyl acetate monomer (VAM). The main advantages of EVA is that it has good toughness, flexibility, clarity and gloss, the ability to withstand low temperatures, and good tear resistance.
In packaging applications, the resins can be made into blown, extruded, cast and coextruded films, or blended with other resins. They can be moulded and extruded into soft plastic items such as hoses and tubes, formulated into hot melt adhesives, and used in plastic compounding, wire and cable insulation.
EVA is also used as a coating for heat sealing on polypropylene (PP), polyethylene terephthalate (PET) and aluminium films. A growing use for EVA is in solar cells as an encapsulation material.