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Rohm hikes MMA prices in Europe on rising raw material costs

December 28/2020

MOSCOW (MRC) -- Rohm (Darmstadt, Germany) has announced an increase in its prices for methyl methacrylate (MMA) and other methacrylate monomer products in Europe, effective as of 1 January 2021, said Chemweek.

The price will be hiked by EUR120 per metric ton (USD146) across all products, and includes an additional EUR50/metric ton acetone surcharge, it says. Rohm also announced price rises for MMA in October and November.

In a recent update the company highlighted a tightening of the MMA market, with prices surging in Asia and continuously firming in Europe on strong demand in critical end user applications such as coatings, construction, and healthcare. The market is also suffering from production and supply issues that are limiting availability, with prices for raw materials such as acetone also on the rise, it said.

As MRC informed earlier, Roehm intends to increase prices for methyl methacrylate (MMA) and related products in the US by 4-8% from January 1. Roehm also raised prices for methyl methacrylate (MMA) and related products in the US by 2-4% from November 1, and also 2-4% in December.

The main sector consuming approximately 75% of MMA is 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, Russia's overall PVC production reached 891,200 tonnes in the first eleven months of 2020, down by 0.3% year on year. However, two producers managed to increase their PVC output.


mrcplast.com
Author:Anna Larionova
Tags:acryl, akrilonitril-stirol-akrilat (ASA), akrilonitril, EPVC, PVC paste, SPVC, metilmetakrilat (MMA), metilamin, hlormetan, MMA (metilmetakrilat), Rohm and Haas.
Category:General News
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