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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.
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