September imports of PVC-S to Russia dropped by one third

(MRC) -- After record August, imports of suspension PVC to the Russian market in September fell by a third. Over the nine months, total import of the suspension exceeded 390,000 tonnes, according to MRC ScanPlast.

The peak of PVC-S imports fell at August and hit another record - 57,000 tonnes. High imports resulted from active purchases in June - July, when the Russian companies made inventories for August - October. In September, the import volume of the resin expectedly decreased by one third and made 38,700 tonnes.

The biggest part of PVC, delivered to the market last month, had also been contracted in July. Deliveries of acetylene PVC from China were cut to 3,300 tonnes. A month earlier, this figure exceeded 17,000 tonnes.

In August, the excess of PVC in the market made many Russian companies refuse from long-term purchases in China and the U.S. The devaluation of the Russian ruble against the dollar also had a significant impact. As a result, a further decline in imports of PVC is expected in October - November.

October export prices of the American PVC attracted attention of some companies, but the goods will arrive only in December, and November shipment prices are likely to decline. These factors substantially limited purchases of PVC from the United States.

Many Russian companies due to relatively high prices in September - October actually stopped buying resin from China. The Ukrainian producer Karpatneftechem (Group Lukoil) continues to strengthen its position in the Russian market.

In general, over the nine months, imports of PVC-S exceeded 390,000 tonnes, that was by 52% more year on year. Over the three quarters of 2011, Russian producers of the resin managed to produce 394,400 tonnes, which is comparable with the volume of imports.

The author of the news: Sergey Karaichentsev.


Flint Hills Resources to sell 120,000 tonne/year unit in Peru

(ICIS) -- US expandable polystyrene (EPS) producer Flint Hills Resources is exploring the potential sale of its 120,000 tonne/year unit in Peru, Illinois, a company spokesman confirmed on Tuesday.
"The company is in the early stages of the process and expects to have preliminary discussions with potential buyers in the coming weeks," said Jacob Reint, public affairs director with Flint Hills Resources. Flint Hills Resources, the third largest EPS producer in the US, purchased the Peru facility from Huntsman in 2007.

The company did not say whether it planned to close the facility if it could not find a buyer.
It was unclear who would be interested in buying the facility, particularly with routine complaints from suppliers about slim profit margins for EPS, sources said.


Asian prices of BDO to drop in the coming weeks

(ICIS) -- Prices of butanediol (BDO) in Asia appear poised for a sharp drop in the coming weeks, as a result of extremely weak demand from the polyurethane (PU) segment, several market sources said on Wednesday. A major Western producer said that its key customers have procured BDO cargoes at $3,150/tonne (┬2,268/tonne) CFR (cost & freight) CMP (China Main Port). This is a decline of $150-250/tonne from prices assessed at $3,300-3,400/tonne CFR CMP on 18 October, according to ICIS data.

BDO is used primarily in the application of PU in the leather industry in China, while PU is used in the production of shoe soles.

Demand from the PU segment is likely to remain weak as the result of shoe-factory closures amid an ongoing regional credit crisis at Wenzhou city in Zhejiang province.


Clariant to demonstrate a state-of-the-art fridge freezer

(Clariant) -- Clariant is opening the door to a world of creativity in design and functionality for household appliances; and what better way to demonstrate it than with a state-of-the-art fridge freezer at its Fakuma 2011.

Clariant's masterbatches and combibatches are being used increasingly in ⌠fresh boxes, doors, the external appliance body, insides and shelving because of their efficiency focused and cost-effective response to manufacturers' challenges.

Achieving a consistent color despite the combination of several different plastics such as PP, ABS and PS, on a fridge exterior and in the internal lining is a major challenge in color development. Clariant's expertise provides customers with a colored masterbatch that allows them to meet current styles for smooth lines and a high-gloss or matt finish. Clariant's broad palette of colors includes high-trend brilliant whites and grays for strong visual impact. Its pigments ensure easy, uniform dispersion within a masterbatch.

Clariant can integrate additives offering UV protection into its color masterbatches to create a combi-batch. This gives customers the added assurance of long-term light stability for visible areas where discoloration over time is not desired.

Clariant's anti-microbial masterbatches can help to reduce the risk of bacterial or fungal growth fridge linings and fresh boxes against bacterial and fungal growth within the fridge.


Formosa Petrochemical Corp has restarted the largest of its three naphtha crackers

(Reuters) -- Taiwan's Formosa Petrochemical Corp has restarted the largest of its three naphtha crackers following a planned maintenance which started in mid-August, traders said on Tuesday. However, some traders said Asia's top naphtha buyer may shun buying spot naphtha for November despite having restarted the 1.2 million-tonnes-per-year (tpy) No. 3 cracker. "They should have sufficient naphtha inventories for now," said a trader.

Other traders said Formosa had recently bought a large volume of liquefied petroleum gas (LPG). LPG can be used to replace up to 15 percent of naphtha needed in its crackers. It operates three naphtha crackers with a total ethylene capacity of 2.93 million tpy.