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Article: Soda ash market tightens on production problems at American Soda. (Markets: organics/Petrochemicals).(Brief Article)(Statistical Data Included)
- Article from:
- Chemical Market Reporter
- Article date:
- January 14, 2002
- Author:
CopyrightCOPYRIGHT 2002 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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DOMESTIC DEMAND for North American soda ash was flat to stable during 2001, but the market tightened in the fourth quarter. New entrant American Soda LLP's less-than-expected production output caused spot shortages as soda ash exports increased. This followed the mothballing of roughly 15 to 17 percent of nameplate capacity earlier in the year that helped create better supply and demand balance.
During the fourth quarter, some producers say they ran out of product, and that there were some spot shortages in the market. Last summer, American Soda set a revised production target of between 500,000 and 600,000 tons of soda ash for 2001, but sources say the company ...