new middle east capacity arriving soon after lengthy ... · 360 kt/yr oct* brazil memphis beaumont...
TRANSCRIPT
ASIA
AFRICA
EUROPE
NotesAccording to market sources
PETRO RABIGH
90000 tonnesyear
SAMAC
SAUDI ARABIASAUDI
ABIAAS
AS
SSASAARABAARAB
Q4 arrivalSumitomo moving MMA from Asia to the Middle
East for PMMA production in mid 2017
SAMAC plant in Q4
MMA to be produced in H1 2018
PMMA to be manufactured in late 2017
MMA to be manufactured in Q3 2017
PMMA to be producedin late Q4 2017
250000 tonnesyear
KEY
MMA ows PMMA ows
NEW MIDDLE EAST MMA AND POLYMETHYL METHACRYLATE (PMMA) CAPACITY
BRAZIL
CASSEL
WESSLINGWORMS
MEMPHIS
BEAUMONTDEER PARK
EVONIK220 KTYR
Sep
LUCITE INT155 KTYR Since Jan
force majeureSept-OctPlanned
maintenance
EVONIK95 KTYR
Jun
ARKEMA90 KTYR
Aug
LUCITE INT200 KTYR
DOW CHEMICAL360 KTYR
Oct
BRAZIL
MEMPHIS
BEAUMONTCHINA
LUCITE INT155 KTYR Jan-Feb 17
Planned maintenanceAugust force
majeure
UPCOMING EUROPE AND US MAINTENANCE
KEY
Planned maintenance Force majeure Sales control Imports
NEW MIDDLE EAST CAPACITY ARRIVING SOONAFTER LENGTHY GLOBAL MMA SUPPLY SHORTAGENew capacity in the Middle East is fast approaching and with it comes a potential turning point in the global methyl methacrylate (MMA) markets after a prolonged period of supply shortage Volumes from Saudi Methacrylates (SAMAC) a joint venture between Mitsubishi Rayon Company (MRC) and SABICSrsquos 250000 tonneyear plant are expected to hit the market in the fourth quarter After a lengthy period of soaring prices players are beginning to ask if the worst of the supply constraints is over
NEW MIDDLE EAST CAPACITY ARRIVING SOONAFTER LENGTHY GLOBAL MMA SUPPLY SHORTAGE
EUROPE MMA MONTHLY CONTRACT PRICES IN 2017 EUROPE MMA SPOT PRICES IN 2017
You can rely on ICIS for all your market intelligence needs
PRICING INFORMATION ICIS Pricing offers
l Spot and contract assessmentsl Market commentary on trends and
business developmentsl Transactions reported and confirmedl Plant and production news
SUPPLY AND DEMAND DATA
Supply and demand data enables you to
l Identify evaluate and optimiseopportunities
l Identify and manage financial orinvestment risk
l Validate commercial and growthstrategies
EVENTS
At ICIS events
l Gain in-depth information on marketsl Meet key industry playersl Network with an array of market
participants
NEWS INFORMATION
ICIS News brings you
l Real-time news round-the-clockl Market analysisl Plant and project news
FORECAST REPORTS
Choose ICIS Price Forecast reports to
l Settle contract pricesl Review your market positionl Make production or commercial
decisionsl Buy or sell with confidence
DIGITAL CHEMICAL BUSINESS MAGAZINE
ICB magazine covers
l Key issues driving the petrochemicalmarkets including price trends andprojects
1500
2000
2500
3000
JulJunMayAprMarFebJan
eurot
onne
FD
NW
E
2017
European MMA contract prices have increased significantly this year Triple-digit hikes have become commonplace with the global supply shortage driving the upward pricing trend
2710
MMA FD NWE Contract Price Assessment Contract Month Contract Survey (Mid)
1500
2000
2500
3000
3500
AugJulJunMayAprMarFebJan
eurot
onne
FD
NW
E
2017
Europe MMA spot prices have soared this year Prices remain very high and spot availability is limited Further production problems in America are expected to reduce import volumes in Europe
3250Asian and Brazilian
imports arrive
MMA FD NWE Assessment Spot Full Market Range (Mid)
Lucite International Beaumont Texas
force majeure
Request a sample report Enquire about our supply and demand database
Enquire about training and conferences
Request a free trial of ICIS news Enquire about the price forecast reports Download a free sample now
NEW MIDDLE EAST CAPACITY ARRIVING SOONAFTER LENGTHY GLOBAL MMA SUPPLY SHORTAGE
EUROPE MMA MONTHLY CONTRACT PRICES IN 2017 EUROPE MMA SPOT PRICES IN 2017
You can rely on ICIS for all your market intelligence needs
PRICING INFORMATION ICIS Pricing offers
l Spot and contract assessmentsl Market commentary on trends and
business developmentsl Transactions reported and confirmedl Plant and production news
SUPPLY AND DEMAND DATA
Supply and demand data enables you to
l Identify evaluate and optimiseopportunities
l Identify and manage financial orinvestment risk
l Validate commercial and growthstrategies
EVENTS
At ICIS events
l Gain in-depth information on marketsl Meet key industry playersl Network with an array of market
participants
NEWS INFORMATION
ICIS News brings you
l Real-time news round-the-clockl Market analysisl Plant and project news
FORECAST REPORTS
Choose ICIS Price Forecast reports to
l Settle contract pricesl Review your market positionl Make production or commercial
decisionsl Buy or sell with confidence
DIGITAL CHEMICAL BUSINESS MAGAZINE
ICB magazine covers
l Key issues driving the petrochemicalmarkets including price trends andprojects
1500
2000
2500
3000
JulJunMayAprMarFebJan
eurot
onne
FD
NW
E
2017
European MMA contract prices have increased significantly this year Triple-digit hikes have become commonplace with the global supply shortage driving the upward pricing trend
2710
MMA FD NWE Contract Price Assessment Contract Month Contract Survey (Mid)
1500
2000
2500
3000
3500
AugJulJunMayAprMarFebJan
eurot
onne
FD
NW
E
2017
Europe MMA spot prices have soared this year Prices remain very high and spot availability is limited Further production problems in America are expected to reduce import volumes in Europe
3250Asian and Brazilian
imports arrive
MMA FD NWE Assessment Spot Full Market Range (Mid)
Lucite International Beaumont Texas
force majeure
Request a sample report Enquire about our supply and demand database
Enquire about training and conferences
Request a free trial of ICIS news Enquire about the price forecast reports Download a free sample now