Pricing and Markets
September 6, 2021
Chlorine Overview
Ida Disrupts Chlorine Production, Raising Risk of Higher Prices
By Kevin Crowley August 30, 2021, 5:29 PM EDT Updated on August 30, 2021, 6:06 PM EDT
- Westlake, Formosa shut down facilities ahead of storm
- Chlorine was already in short supply after February’s freeze
Hurricane Ida’s landfall on the U.S. Gulf Coast caused production outages in the heart of the country’s chlorine manufacturing industry.
Chlorine was already in short supply after a deep freeze in February knocked facilities offline for weeks. Now, widespread power outages around Baton Rouge, Louisiana may increase prices further, according to Robert Stier, a senior petrochemicals analyst at S&P Global Platts.
“Chlorine is going to get really tight” because of the industry’s concentration in the Louisiana area, he said.
READ: Ida’s Aftermath Raises Environmental Fears in ‘Cancer Alley’ (1)
Westlake Chemical Corp. shut two Louisiana facilities that make chlorine over the weekend. An assessment of the storm’s impact may take several days, the company said. Formosa Plastics also closed a plant in Baton Rouge, according to ICIS, a data provider.
Chlorine manufacturers also tend to make PVC, a key building material used in pipes, siding and other construction materials. Gulf Coast contracts for PVC were already trading at record highs before the storm, according to ICIS.
September 6, 2021
BASF Increasing Systems Prices
BASF to increase prices for polyurethane systems products in North America
WYANDOTTE, MI, September 3, 2021 – BASF will increase prices for polyurethane systems products in North America by $0.11/lb for orders shipping on or after October 1, 2021, or as contracts allow.
September 6, 2021
BASF Increasing Systems Prices
BASF to increase prices for polyurethane systems products in North America
WYANDOTTE, MI, September 3, 2021 – BASF will increase prices for polyurethane systems products in North America by $0.11/lb for orders shipping on or after October 1, 2021, or as contracts allow.
September 1, 2021
BASF Increasing DMAPA Prices
BASF to increase price for dimethylaminopropylamine in North America
FLORHAM PARK, NJ, September 1, 2021 – Effective October 1, 2021 or as existing contracts permit, BASF will increase its price in North America for dimethylaminopropylamine (DMAPA) by $0.15 / lb.
Dimethylaminopropylamine (DMAPA) is an important starting material for betaines, which are used to produce liquid soaps and shampoos. DMAPA is also used, for example, in the production of dyes, lubricant additives as well as of adhesion promoters for rubber.
September 1, 2021
BASF Increasing DMAPA Prices
BASF to increase price for dimethylaminopropylamine in North America
FLORHAM PARK, NJ, September 1, 2021 – Effective October 1, 2021 or as existing contracts permit, BASF will increase its price in North America for dimethylaminopropylamine (DMAPA) by $0.15 / lb.
Dimethylaminopropylamine (DMAPA) is an important starting material for betaines, which are used to produce liquid soaps and shampoos. DMAPA is also used, for example, in the production of dyes, lubricant additives as well as of adhesion promoters for rubber.