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Rohm hikes price of MMA in Europe on strong demand, limited supply

November 19/2020

MOSCOW (MRC) -- Rohm (Darmstadt, Germany) has raised the price of methyl methacrylate (MMA) in Europe with immediate effect, or as agreements allow, citing ongoing strong demand and limited raw material supply, said Chemweek.

The price was increased as of 16 November by EUR50/metric ton (USD59), and follows a previous rise announced in October and implemented on 1 November by Rohm for MMA and other methacrylate monomer products in Europe, with that rise ranging from 2-5% depending on the product.

The company lifted sales control on MMA in Europe earlier in October, having imposed it in September, after resuming MMA production at its plant in Worms, Germany, following an annual maintenance turnaround. The Worms plant has a production capacity of 225,000 metric tons/year of MMA, with Rohms other MMA facility at Wesseling, Germany, having a nameplate capacity of 95,000 metric tons/year.

Earlier it was reported that Roehm had raised prices for methyl methacrylate (MMA) and related products in the US by 2-4% from November 1. In general, the supply of MMA is becoming increasingly limited, while the availability of acetone raw materials is also very limited. Demand in the construction segment remains robust due to strong demand from the housing market, while orders for acrylic sheets remain strong but are declining as demand falls from record highs seen earlier this year.

The main application, consuming approximately 75% MMA, is in the production of polymethyl methacrylate acrylic plastics (PMMA). Methyl methacrylate is also used to produce methyl methacrylate-butadiene-styrene copolymer (MBS), used as a modifier for polyvinyl chloride (PVC).

According to MRC"s ScanPlast report, October total production of unmixed PVC grew to 86,600 tonnes from 86,000 tonnes a month earlier, SayanskKhimPlast and Bashkir Soda Company increased their capacity utilisation. Overall output of polymer was 805,100 tonnes in the first ten months of 2020, which virtually corresponds to the last year"s figure. Two producers increased their production, whereas two other manufacturers reduced their output.
Author:Anna Larionova
Tags:acryl, akrilonitril-stirol-akrilat (ASA), PVH, EPVC, PVC paste, SPVC, MMA (metilmetakrilat), Rohm and Haas.
Category:General News
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