Who is making money on phenol or acetone or BPA in Asia?

By John Hodgkinson

Have the Asian producers finally woken up to the fact that they have been losing money hand over fist for quite some time now? Last month those semi-integrated producers in Northeast and Southeast Asia had wonderful contribution margins on exports to China of -$155-160/ton on phenol, +$35-50/ton on acetone and +$50-70/ton on BPA. If taken together, this meant that these producers would have been better off cutting back their operating rates and not exporting to China, as, of course, has been the case for some time now.

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Jennifer Hawkins
Jennifer Hawkins
Consultant – Phenol, Acetone, Epoxy Resins, Polycarbonate
Phone: +44 207 924 3955

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