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Article: Declining Aluminum Chloride Market Seeing Plants, Players Come and Go
- Article from:
- Chemical Market Reporter
- Article date:
- March 31, 1997
CopyrightCOPYRIGHT 1997 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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THE USUALLY CALM anhydrous aluminum chloride market is gaining some new wrinkles to its production landscape. One producer has been acquired, another is planning an exit from the market, and a long-awaited player still vows to blow the market wide open by doubling industry-wide capacity.
The market for anhydrous aluminum chloride, which is used largely as a catalyst or as a raw material for catalyst and co-catalyst manufacturing, has been shrinking for over a decade, with US industry capacity dropping from 200,000 metric tons in 1984 to 44,000 metric tons today.
This market decline, largely the result of environmental concerns over the disposal of aluminum ...