Ethanolamines Face Oversupply and Raw Material Cost Pressures.(Dow Chemical, Huntsman, Ineos and Equistar)(Brief Article)

Chemical Market Reporter, June, 2001 by Guzman, Doris de

THE ETHANOLAMINES (EQA) market is facing challenging times. High raw material costs are putting a squeeze on margins in the US and other regions. At the same time, the market is oversupplied following recent global capacity expansions and improvements initiated by most producers.

Recent price increases by the major producers in the first two quarters of this year have restored some margin lost to a run-up in raw material costs. All North American ethanolamines producers increased their EOA prices by 5 cents per pound on January 1 and 3 cents per pound on April 1, bringing current prices between 54 cents and 61 cents per pound for direct consumers. Schedule prices for monoethanolamine (MEA), diethanolamine (DEA) and triethanolamine (TEA) are 59 cents, 67...

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