13 Oktober 2004

Rising demand for Fatty Alcohols creates tight market conditions

The rise in demand for fatty alcohols, particularly in the Asian sector and especially in China has fuelled the capacity extension plans of several major players. P&G with their Indonesian partner Sawit Mas Group plan to increase capacity by 200,000 mt over 2 years with Sawit undertaking half of that quantity. Kuala Lumpur Kepong have also announced plans for a new 100,000 mtpa plant in Malaysia. Ecogreen Oleochemicals also reflect the current situation with the building of a new 60,000 mtpa plant at Batam Island. With many companies having either closed their plants or idled since 2002 the supply is expected to stay tight for the rest of 2004 and maybe through 2005.

Source: www.oleoline.com vom 2004-10-12.

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