Solventis will be featured in the newest edition of the Port of Antwerp’s ‘Business Case’ section which focuses on the the use of the port’s services to aid us in the worldwide distribution of our products.
The Port of Antwerp and it’s service providers offer Solventis the flexibility needed to compete in the highly competitive market of importing and exporting petrochemical solvents, both for the bulk European and export drum distribution businesses.
In 2013 Solventis handled over 100,000 mt of Solvents, Monomers and Automotive products, the majority of which was imported or exported through the port of Antwerp.
The article can be seen here- ‘Business Case: Solventis‘
If you require any further information please visit the contacts page to find the relevant Solventis contact.
The Solventis website has a new page which tracks the trends in the European Ethylene and Propylene contract prices. This page will be updated every month, once the contracts have been fixed, and will allow users to track the movements in the main feedstock prices for Solventis’ core products. This page can be found at the following the ‘Feedstock Tracker’ tab on the left side of the page.
Please call a member of the team to discuss your bulk solvent requirements further.
The ICIS European propylene and ethylene monthly contract prices have been fixed up €105/tn to €1,160/tn and €125/tn to €1,300/tn respectively for September. This is the second month in a row that a three figure rise has been seen which can be attributed to rising oil and naphtha prices in recent months.
The two month rise in feedstock prices has almost exactly mirrored the large falls we saw in May, June and July where prices plummeted nearly €300/tn for both in that period.
The recent rises have lead to price increase across the Solventis product range of alcohols, esters, glycols, glycol ethers, acrylates and monomers which we offer on a collected or delivered basis from our tank storage facilities in the Antwerp area. Please call a member of the sales team or send an email to email@example.com for further information.
Solventis has been ranked 80th on the 2012 ICIS Top 100 Global Chemical Distributor list and is the 46th largest European based distributor. The annual list, published by ICIS, comprises the 100 largest global distributors ranked by 2011 sales turnover and we are proud to make our first entry on the list in this, our 10th Anniversary year. Growth in our Acrylates, Monomers and Automotive business and strong growth in our core products has allowed us to reach this position on the list.
Solventis has been ranked 119th in The Sunday Times list of 200 British private firms with the fastest growing overseas sales.
Solventis, a distributor of petrochemical solvents, saw a growth of 35% in overseas sales from £34.9m in 2009 to £63.7m in 2011. Solventis imports petrochemical solvents from around the world and stores them in its facilities in Antwerp for delivery throughout mainland Europe. It also exports to North and West Africa, the Middle East, the US and the Americas.
View the list here- http://www.fasttrack.co.uk/fasttrack/leagues/int200leaguetable.asp?siteID=8&searchName=&yr=2012&sort=num&area1=99
After nearly 6 months of falling numbers, the European Propylene and Ethylene contracts have been fixed up €90/tn and €99/tn respectively. These increases have been due to rising crude prices as well as a cut back on production by the major producers towards the end of 2011, shortening supply. These increases in feedstock prices will result in price increases across the board for Solventis’ products with effect from the 1st of February so please contact you Solventis sales representative for updated pricing.
BP announced last Friday that they had declared force majeure on Acetic Acid from their 530kt/yr plant in Hull, UK. The FM is due to last for 50 days, affecting both acetic acid and acetic anhydride, putting their customers on a 40% allocation. The site normally runs two units with the problems occurring on the reformer of one of the units, which will be down for repairs.
BP’s force majeure is likely to affect the Northwest European supply of downstream products such as ethyl acetate, n-propyl acetate, n-butyl acetate, iso butyl acetate, vinyl acetate monomer and iso propyl acetate. Solventis is a stockist and full bulk distributor of these and a large range of other products. To view a full range of our products please visit www.solventis.net/products or feel free to contact us on firstname.lastname@example.org.
Posted in Uncategorized
Tagged Acetic Acid, acetic ahydride, BP, bulk distributor, bulk stockist, etac, Ethyl Acetate, force majeure, IBAC, IPAC, Iso Butyl Acetate, iso propyl acetate, n-butyl acetate, n-propyl acetate, NBAC, NPAC, VAM, vinyl acetate monomer
Crude oil prices have been seen to soften in recent weeks for a number of reasons, one of which being due to economic growth data coming out of the developing nations such as India and China not being as strong as had been forecast. This in turn has caused naphtha
prices to decrease, taking with it Toluene, Xylene and other derivatives.
MEK demand in Japan has begun to ease after a period of product shortages and intense price increases following the devastating earthquake in March which severely damaged the region’s main production facility. One reason for this reduction in demand is due to users of MEK reformulating to use Ethyl Acetate as a replacement as the price differential
between the two products reaches 40%.
The European ETAC market remains firm while a major producer enters in to a 10 day shut down and Celanese continue on strict allocation due to acetic acid shortages. Solventis currently has availability of Ethyl Acetate in our tank storage facility in Antwerp which we can offer both delivered or on a collected basis. In addition to ETAC, we also stock over 20 different solvents in Antwerp so please feel free to contact us on email@example.com .
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Tagged antwerp, availability of etac, Celanese, etac, Ethyl Acetate, european etac market, MEK prices, Methyl Ethyl Ketone, naphtha prices, Oil prices, tank storage, toluene, xylene
In the aftermath of the earthquake, and subsequent tsunami that devastated much of Japan earlier this month, solvent availability throughout the region has become tight. In reply to this change in the market Japanese buyers have been reaching out to new European distributors and Solventis has been exporting Isotanks and containers of our range of solvents out to end users and distributors in Japan.
Methyl Ethyl Ketone (MEK) in particular has been affected by the disaster. The earthquake caused damage to the region’s largest MEK plant which has resulted in tight supply across Japan and Asia and this twinned with a global shortage has left many Japanese buyers willing to take as much product as can be sourced to cover their requirements.
These market factors have caused MEK prices to rise dramatically in Asia with European numbers following suit as sellers can secure higher numbers in the export market.
Solventis is a stockist and distributor of solvents active in both the European and global export markets. We stock over 20 products in our bulk storage facilities in Antwerp, some of which include Acetone, Ethyl Acetate, Butyl Glycol, Iso Butyl Acetate and Mono Propylene Glycol.
We welcome any enquiries from all global markets. Please email us on firstname.lastname@example.org
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Tagged Acetone, Butyl Glycol, containers, earthquake, end users and distributors in Japan, Ethyl Acetate, European distributor, Iso Butyl Acetate, Isotanks, Japan, MEK, MEK prices, Methyl Ethyl Ketone, Mono Propylene Glycol, Solventis, stockist and distributor of solvents, tsunami
Use of specific solvents to coat materials for aesthetic and/or functional improvement has changed over the last hundred years. There are many different types of solvents used, and around 1920, the use of a specific group of solvents increased after it was discovered they were more functional than the previously used products. Prior to this time, n-butyl acetate was used as the primary coating solvent for industrial use. The introduction of a new class of chemicals allowed for a large void to be filled.
The glycol ether and glycol ether ester solvents filled this void. These are special in that they have a certain orientation of oxygen atoms in their chemical structure. These oxygen atoms are part of the alcohol (-OH) and ether (R-0-R) groups found in these chemicals. This makes for better coating solvents and allows for a perfect evaporation rate (how fast the coating will “dry” or evaporate, leaving the pertinent chemicals), which gives the solvent other good qualities, including the shine and protection it provides. This evaporation speed is much slower than the old standard of n-butyl acetate. Faster doesn’t necessarily mean better in the case of coating solvents. Finally, this class of coating solvents works well because they don’t have a very staunch smell, allowing for broader ranges of use.
A specific chemical containing glycol ether and/or glycol ether ester is used based on the specific coating needs of a product. One example is ethylene glycol monomethyl ether, which has an evaporation speed of 0.5 (20 times slower than n-butyl acetate). There are many other glycol ether/glycol ether ester chemicals, all of which only differ in the orientation or number of these oxygen-containing groups. The specific use for each was determined by experimenting to determine which would work best for a specific coating need. There are literally hundreds of coating solvents used today, but the introduction of chemicals containing these groups went a long way to replace the old and outdated standard of n-butyl acetate. This helped the industry move forward.