The big news of the month was of course that Stepan has finally taken the plunge and sought out a site in the US Gulf Coast area. The company announced discussions about a site to make “surfactants intermediates” in Ascension Parish, Louisiana. Of course the other famous occupant of this Parish in Louisiana is Shell’s Geismar site where, among other things, ethylene oxide (EO) and various Neodol alcohols are made. Stepan is a large user of both.
Category Archives: Monthly Reviews
Welcome again to our monthly surfactant news update. As usual, most items are sourced courtesy of my friends at ICIS and some of the links may require a subscription. Nonetheless, the responsibility for any errors or omissions is entirely mine. Also the opinions expressed are entirely my own. I hope you enjoy reading. For the latest information, analysis and unequalled networking around the surfactant value chain, please attend our 3-day surfactant event in Berlin, September 3 – 5th. We have partnered with the BIO-TIC group of CEFIC who are running a biosurfactants conference alongside our 3rd European Surfactants Conference. I hope to see many of you there.
May was a big month in surfactants, not least because we held our largest ever surfactants conference in NYC; May 15 – 16th, preceded by our business essentials training course. In Asia, Prices of linear alkylbenzene sulphonate (LAS) remained stable, according to ICIS…. A northeast Asian seller said it was not offering any material this week, but would express selling ideas at $1,550/tonne CFR
The month of April saw quite a bit of activity in ethylene oxide, ethoxylation and fatty alcohols. Also, of course, the Wilmar acquisition of major parts of the Huntsman European surfactant business contributed to the continuing restructuring of the industry.
The Month in Surfactants : March 2014 The month of March kicked off with concerns about a general slowdown in China and the impact on the surfactant value chain. Let’s take a look in some detail at the China EO / MEG and derivatives sector: According to ICIS, China’s domestic ethanolamines prices are likely to face further downward pressure amid a deteriorating monoethylene glycol (MEG) market and a slowdown in the world’s second-largest economy. EO (ethylene oxide) prices are dropping amid oversupply and a weakening end – use market for surfactants in consumer and industrial goods in China. Spot MEG prices fell $41-42/MT in the week ended 21 February to $933-946/tonne CFR CMP (China Main Port), down by about 7% from $1,005-1,011/MT CFR CMP four weeks ago, the ICIS data showed. The spot MEG prices have been undermined by a massive build-up of inventories and sluggish domestic demand following the Lunar New Year holidays in the first half of February. MEG stocks along the eastern China coast hit a record high of 1.14m tonnes in the week ended 21 February, according to ICIS data. Market players expect the stocks to continue growing as end-users remain hesitant to pick up cargoes…
A review of the surfactants markets and business for January and February of 2014. Our first review of the surfactants markets in 2014 will cover January and February. Thereafter, we will try to get these out on a Monthly basis for easier and more timely reading. As usual, many of the news items come courtesy of my friends at ICIS. Many of the links are to ICIS articles and some need a subscription. As regular readers know, the best way to stay current in the surfactants markets is to attend one of our conferences produced in partnership with ICIS. We will have three in 2014. The next one comes up on New York, The 4th ICIS World Surfactant Conference on May 15 – 16th in NYC, features Quinn Stepan Jr. as our keynote speaker. I look forward to seeing many readers there.