Latest news from the EMEA Methacrylates Market

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We continually invest time and energy into understanding the marketplace and its dynamics. Our local representatives in the field together with our world-class business systems mean we have the best possible access to reliable information to share with you as part of our regular market review.  The latest version of our FreeFlow magazine is now available on-line where we share with you the views of Malcolm Kidd, Business Director for Methacrylate Monomers in EMEA.  Highlights can be found below:

Demand continues to be good

“MMA demand has been good over the last six months; a combined effect of the two main application segments. Seasonal demand for the manufacture of coatings has been largely at, or in some cases, ahead of forecast this year. Demand from the coatings segment is slightly up on last year, but there has been a definite uplift in certain speciality applications and specific geographic areas.  Demand from the pMMA segment experienced an upturn in Q2, which has been sustained through Q3. Demand from the construction sector has returned in some of the healthier economies and this, plus stronger automotive production has resulted in improved demand levels.

MRC / LI continue to invest for the future

Since the last issue of FreeFlow, LI’s new synthetic HCN / ACH production assets in Beaumont, Texas have continued to operate well. The Company has also brought its new MAA asset at the Beaumont site successfully on line. In recent months MRC has made two significant announcements about the roll out of Alpha, the patented technology originally developed and commercialised by LI”. For more information, click here.  

Outlook

“The forecast continues to be for slow but steady demand growth for MMA on average across the EMEA region. The continuing healthy performance of some of the more robust economies in Europe plus the ongoing buoyancy in the Middle East are sustaining demand at good levels and giving hope.  The supply side has managed to keep pace with this demand, however, with little new capacity coming on line globally over the next couple of years, it will be an ongoing challenge, particularly if demand from the pMMA segment continues its recent upward trend”.

If you would like to receive a printed copy of our FreeFlow publication then please contact us and we would be very happy to send you one.

 

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