World Analysis – Table of Contents

Acetyls - Edition: 2022

Introduction …… 5

Executive Overview …… 7

  • Executive Overview …… 7

Strategic Issues …… 12

  • Strategic Insights – Acetic Acid and Vinyl Acetate …… 12

North America …… 14

  • Acetic Acid and Vinyl Acetate …… 14

South America …… 18

  • Acetic Acid and Vinyl Acetate …… 18

West Europe …… 22

  • Acetic Acid and Vinyl Acetate …… 22

Central Europe …… 26

  • Acetic Acid and Vinyl Acetate …… 26

CIS & Baltic States …… 30

  • Acetic Acid and Vinyl Acetate …… 30

Africa …… 34

  • Acetic Acid and Vinyl Acetate …… 34

Middle East …… 38

  • Acetic Acid and Vinyl Acetate …… 38

Indian Subcontinent …… 42

  • Acetic Acid and Vinyl Acetate …… 42

Mainland China …… 46

  • Acetic Acid and Vinyl Acetate …… 46

Other Northeast Asia …… 50

  • Acetic Acid and Vinyl Acetate …… 50

Southeast Asia …… 54

  • Acetic Acid and Vinyl Acetate …… 54

Production Process Overview …… 58

  • Acetic Acid …… 58
  • Introduction …… 58
  • Methanol Carbonylation …… 58
  • Other Technologies …… 59
  • Vinyl Acetate …… 60
  • Introduction …… 60
  • Ethylene Process …… 60
  • Acetylene Process …… 61

Production Process Economics …… 63

  • Explanatory Notes …… 63
  • Acetic Acid (US Gulf Coast Basis) …… 64
  • Acetic Acid (China Basis) …… 65
  • Vinyl Acetate (China Basis, Fixed-Bed Ethylene Acetoxylation) …… 66
  • Vinyl Acetate (China Basis, Acetylene Process) …… 67

Price Forecast …… 68

  • Methodology …… 68
  • World …… 68
  • Asia …… 71
  • North America …… 72
  • West Europe …… 72
  • Price Forecast Tables …… 73

Derivative Market Overview …… 76

  • Acetic Acid and Vinyl Acetate Applications …… 76
  • Acetic Anhydride …… 78
  • Cellulose Acetate …… 82
  • Acetate Esters …… 85
  • Sec-butyl Acetate …… 89
  • Polyvinyl Alcohol …… 90
  • Terephthalic acid …… 93
  • Monochloroacetic Acid …… 94
  • Polyvinyl acetate …… 98
  • Ethylene-vinyl Acetate …… 101
  • Vinyl Acetate Ethylene …… 104
  • Ethylene-vinyl Alcohol …… 107
  • Ethanol …… 110

Supply/Demand Forecast Methodology …… 112

By:

      Mike Nash

      Julian Skibitzki

      Leshan Hou