The European ECH market turned quite balanced moving into Q3 as the supply-demand scenario was seen pushing back towards demand because only limited supply additions were foreseen on the horizon. Demand for Epoxy Resins was seen gradually recovering from the Q2 coronavirus impact causing players to report lifted margins. Players were able to materialize price increases as inventories in the European markets were replenished with higher cost stock. The downstream inquiries and purchases were seen showing greater activity over Q2 amid fears that some uncertainty is likely to persist even in Q4.
ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.
Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Finally, region-specific markets for Epichlorohydrin (ECH) are analyzed and region-wise demand pattern is tracked.
Epichlorohydrin (commonly abbreviated as ECH) is a liquid aliphatic epoxide widely used as raw material to produce epoxy resins which are the major constituents of paints, coatings, adhesives, electric insulation products, glass fiber reinforced plastics etc. Above 75% of the world’s Epichlorohydrin consumption goes into the production of Epoxy Resins. Epichlorohydrin is also used to produce pharmaceuticals, surfactants, textiles, papers and may other end-uses. It is also listed as an inert constituent in pesticide formulations. The conventional way of manufacturing Epichlorohydrin is a multi-step process using Propylene and Chlorine as the key feedstocks. In recent years, the production of Epichlorohydrin has taken a ‘green pathway’ in the chemical industry, done via utilizing environmentally safe renewable raw materials and sustainable engineering. Owing to fluctuations in the price of Propylene, which is a petrochemical and easy availability of raw Glycerin (which is obtained as a by-product of biodiesel production), there is increasing interest in devising ECH production methods using glycerol as the key feedstock.