Roskill view: A third of US chemical production has been disrupted by Tropical Storm Harvey, boosting prices and threatening shortages for salt-derived industrial materials such as chlorine and caustic soda.
Producers such as Olin Corp., Occidental Chemical Corp. and Formosa have shut plants and cut back operations in recent days along the flooded US Gulf Coast. Those disruptions have affected an estimated 37% of US chloralkali production capacity. The largest price impact is likely to be on caustic soda as near-record US exports had already driven prices up 77% over 16 months according to Jason Miner of Bloomberg Intelligence. Bloomberg spoke about this trend alongside Roskill at the 21st World Chloralkali conference back in May.
Roskill’s Salt: Global Industry, Markets and Outlook to 2027 report will be published in Q4 2017. Click here to download the brochure or sample pages or access further information.
Roskill will be holding a new international salt conference on 14-15th November 2017 at the five-star Marriott Hotel Al Jaddaf, Dubai hotel, in the heart of Dubai’s commercial centre. The Salt 2017 Middle East conference will bring together salt and chloralkali industry executives from around the world to share latest trends and expertise with a panel of international speakers and delegates. To discuss Roskill’s Salt 2017 Middle East conference with Roskill, contact Alan Tyler email@example.com or Ken Walford firstname.lastname@example.org.