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Butanol market holding strong in US and Asia

Journal Article · · Chemical Week
OSTI ID:549227
Producers predict the 3.5-billion lbs/year butanol market will grow about 4%, or 140 million lbs/year, to 2000. Market watchers say supply and demand are tightening up and that producers are raising prices. {open_quotes}The market is correcting itself to match supply and demand,{close_quotes} says one US producer. In the US, BASF and Shell went ahead with price increases in February. Union Carbide will follow with a 3-cts/lb increase, raising its n-butanol price to 50 cts/lb effective April 1. Increases in production costs and raw material costs are driving prices up, the producers say.
OSTI ID:
549227
Journal Information:
Chemical Week, Journal Name: Chemical Week Journal Issue: 11 Vol. 159; ISSN CHWKA9; ISSN 0009-272X
Country of Publication:
United States
Language:
English

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