DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ff53e0/global_and_chinese) has announced the addition of the "Global and Chinese Methyl Ethyl Ketone Industry Report, 2010-2012" report to their offering.
In 2011, the severest impact on the global methyl ethyl ketone (MEK) industry is nothing but the sharp drop in MEK supply in the wake of the Japanese Earthquake. The 170-kiloton/year facilities of Maruzen (Japan), the world's largest MEK manufacturer, halted production. Furthermore, the other two Japanese MEK peers also temporarily suspended production. The reduced capacity of the three accounted for close to 20% of the global total. The fall in supply caused the price hike of MEK in the international market, from US$1,700/ton before the Earthquake to US$3,600/ton in April 2011.
As a sort of environment-friendly solvent, MEK has increasingly found application in medium and high-end fields as a substitute for triphenyl solvent. The demand for MEK ever grows, mainly from China, the largest consumer. From 2001 to 2010, the demand for MEK in China presented an AAGR of 11.5%, and it is expected that the demand will be in excess of 430 kilotons per annum in 2012.
With the improvement of MEK production technology and the rise in its output, China has reined in its reliance on imports. China's MEK output climbed from 40 kilotons in 2002 to 335 kilotons in 2010, with an AAGR of 30.3%. The capacity reduction caused by Japanese Earthquake also led to the rise in the export of Chinese MEK manufacturers.
Key Topics Covered:
1 Overview of Methyl Ethyl Ketone (MEK) 2 Development of Global MEK Industry 3 Development of China MEK Industry 4 Upstream and Downstream of China MEK Industry 5 MEK Manufacturers Worldwide 6 MEK Enterprises in China
Companies Mentioned:
- Maruzen
- Celanese
- ExxonMobil
- Holland Shell
- Idemitsu
- Sasol
- Zibo Qixiang Tengda Chemical Co., Ltd.
- Xinjiang Dushanzi TianLi High & New Tech Co., Ltd
- Lanzhou Petrochemical
- Fushun Petrochemical
- Harbin Petrochemical
- Taizhou Petrochemical
- Hebei Zhongjie Petrochemical
- Heilongjiang Petrochemical
For more information, including full table of contents, please visit http://www.researchandmarkets.com/research/ff53e0/global_and_chinese