Throughout Europe there is little change in the market conditions of Soda Ash. Major soda ash players claimed that there is a little change in the pricing in the third quarter as producers are preparing to lift the market conditions. The announcement of Ciech to suspend the operations at its Romanian unit in Govora, had the little effect on overall Soda Ash supply. Key producers of Soda Ash stated that margins have been squeezed, pressured under the weak demand across the region as they could hardly see any improvement in the consumption patterns in the upcoming quarter.
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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 Soda Ash are analyzed and region-wise demand pattern is tracked.
Soda ash (also known as calcium carbonate) is an inorganic compound with chemical formula Na2Co3. It is odorless, white colored inorganic salt and is hygroscopic in nature. It is dusty, inflammable and non-toxic in nature. There are three grades of Soda Ash produced globally – dense soda ash, light soda ash and washing soda. Dense soda ash is an anhydrous compound and is an important industrial chemical highly suitable for the manufacturing of flat, automotive, container and figured glasses. Natural light soda ash is an alkaline granular material used as a pH regulator/ buffering agent in various industrial manufacturing process. Washing soda is an anhydrous chemical prepared by combination of light soda ash and water molecules. It is an essential ingredient in many familiar products like soap and detergents for improving their cleaning properties. Soda ash is also used to remove sulphur and phosphorus contents in many ferrous and non-ferrous ores. Soda ash is prepared by two methods one by Solvay process or ammonia soda process and other by mining naturally occurring trona ores. Today, the mining route of Soda Ash production accounts for around 33% of global production, which means that the majority of Soda Ash is prepared industrially by the Solvay process. Earlier soda ash was prepared by Leblanc process. Now Solvay process holds more industrial importance than Leblanc process.