Chemical Week Magazine :: Cover Story
8:28 AM MST | January 13, 2009 | LINDSEY BEWLEY
Low Operating Rates Keep Supply Tight The tight caustic soda supply that characterized much of 2008 is expected to persist through the first quarter of 2009. Several producers, including Dow Chemical, Formosa Plastics, Olin, and OxyChem hiked caustic prices last quarter, due to shortages stemming from weak demand for co-product chlorine demand. The global recession has taken a toll on supply and demand balances. Weak housing market conditions are expected to continue well into the year, keeping demand for chlorine and derivatives depressed, analysts say. Though...
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