MARKETS
Transcript of MARKETS
MARKETS
Larger TCP Market Forecast Tricresyl phosphate supply for plasticizer ana! motor
fuel up A million pounds . . . Plastic expansion continues
CONSjODEBioiG tihe Jhiglh piesssone ρ ΐφ-iBOtâon given T C P as gasofce ^Η^ΤΒ-
tive oiae would expect a s r o b l e expansion in prodaacïïDii aiad sale of bmaies^l phosphate- i t s oiatpmt last yeai; hm&-ever, for pîastâcâzex ose as weM a s fbsr gasoline-, showed a gaira ©f cmSy fer%* more than -4 million pomads.
I t is also likely tha t p a î t ©f supply îsa-crease "was atfâaaibiiîalbiife t o its use as piifes-ueîzer^ H^asic use foo* tniciesj^ pMBspaaaltB in this cosHntiry. "Toîal jKnoâcicâfesaa ΜΗ 1933 was 2£,1093©ÎMI poinaok, ©anapaied with 18,03L,G00 pounds in 1SSSL
Of lasî yea r s prodectËm, a tele ©TOST 21 nfellîoia pomads were soM b y producers and stHneffercg Mike î ïïïïràJffarc retained for their O M Î ©perafâofES. Fac t must l>e recogiaizïed flfa-afr T O P pannira©-uoia aaad sale iby SheM Oil «35d ιοοδ: g§jet into M l siiide in 1953. îfe u s e as siaotar fuel addit ive cam Ibe espected îo slaora? rniach langer «aptom ffafs year, ï t a p pears îso lhave -won puublic acœpâanace despiîse the doiabts cast lipoma. vaHaue ©f TOP a n d other gasoline addattves-.
Sale ©f packaged T C P aUrtgm»aofe d©. paiiiMemt stores m a y ctn»Λ$yfl nte là$3l?* f© market for f iacres^ phtusphaî© in Tfîsw of threatened const adâcsos- Average unit cost ©f Hilcaesyl phosphate, acensd-5 n g ÎO T a i i S CjyirnraTTii sijnT^ rain MpîflisaftTkTsr was 3 3 cents pe r pound., or alboiit a csnt lower than pievâomsly repoifed.
Plastîcixer M a r k e t . Use cd phoric acid esîeis, phtlaaîâc derivatives, aod adipie acid pnodmcîs, a l espsriî-eiaced moderate espaiasion Ma poriwlsae-tion last year, goveauMiiaent ireposi se-veaîs. Stearic acâd esters seffeed a coaa-siderafele ledtactaen, dropping a l l fte way i rom 16.3 imaâllàoia to 4 5 TnrrcHirara pounds. Sales valaae was also ssbaipSy less oia a pe r pound îaasls, falling L·f^mu 3 0 cents to 26 eenis.
Total plastieizer nmaidket naacaeasedL as might be expected, wiila plastics peno-ducuon pushing its totals imp near Suae 3 biMion-poinad leveL George MaMar of Bakélite says tihat tfirau^ ΤΒΤ ΙΙ oe e^snal to 20 poniads per peisona una tube dteitedl States, or laiiae tînmes gneater fos* es^ay household in t he laimd tifosm 15 yeaas ago.
Poîslâc stiB tiainlvs of plastics smà resins in ternis of mmolded s^ailgefe ai&d household items, oveilookieg tireaiQem-dous developmeiat stall Ssuimg p lace i n tîaeir industrial nases. Tlais is "wïaaï 31îîifer has i n mind î e icniplyâiag tîaat plastics BS a n " ι ο β ο ε τ ^ indiastry. W e made S L 5 billion in paints and coaîàmgs iaa 1S33
anrw uraost: θα Beona ccMBÊaiiireal ssMEae greian-
CjOEissimiffi "sees βÎMoω!^l,* t i ie poly-rïimyS EwM iial ΪΠΒ Irôg smiLoiJLL©biû!e safety feycs; jnisîg: a t fe. C5œaa£ ciredÈi: is givea
ggp HSfiu esM Eecaurdieg aart for givîmg os secoanils eîE fcnM fipireall SEEMÎ &ec|aLeiicy san^L IJsey tatejie miade jpe^sibîe by ^itiiiyL Ατπ»Β so eus- T e n îïillÊcBa square· feet <οί poiiye^WBsane ^nn> wM lie oaacîe Slmn^ y©SQT ifSHT ffp^tf*fc3»^p W fcg_
PoIyetinfieBe Supply- Strakirag fact prra €,ffgrwnigBff iptrB VEBOITI* p o f i ν e â b ^ v î e œ ÎEEIO i t s £|Β3Ρ5£ΪΠΒ£ξ ag^slÊCSSsSMES ÎS tlKEt ELO r e a l ΘΧ-gftanBsâiaa casa lie espectecl ÊQ Its PFÎKÎIIC-Sfeœi ΐΒΗΗδ 1^S5. Β»ΪΒ11: QE supply ï ip t o HBOW l a ^ ^ «πηκΓΒΤ*? &8KEÛ C a r i ï Î Q e a n d OîF—
IQXQ&B gîtai Das P HTESL. Dtennand în FecçuE years tes afe^ys foeem aliead erf supply wiMlu gtssaBW· #fa3iir poî^eëlivxene « ^ oeeo, a s suasse ccasoamdl, gseatiy ©ver-pôced.
The MBEECÏfr-dÊscBKsed pîastlo îs dass i -^œd and cgMisEdoEed ^ a jpefioclaeirEBÏcaLL Bo t as IS«&Qrt EL Efolse of NauoHasl Dis-tSIens ïtadsECts poimted oet recently, Immpamal CUsomiBcal IndeistFies tîBtlii a ^BOït tfesEe agn> imacie ifiH of its j3o!y— cSfeyfesDe fessa eêlayleKie prodEEced êrom
Κ^ Ιικ Γ*μ> & IB^ÎS l ieea saicl tiîaiÉ the SisS: solid ροϋρϋδΘτ ©f etiiyîeiÊe was ac-CDSEenHSaHy çffiodsDced G>V BEIËÎSÈÈ citemists wises! SgtrBHjVBSifBtg t o Carey on t tib.e ex-peaèniDeBîSaî dœsnicasl reactÈQn ©£ ethylene wEtfe Issozaldeliyde a t 3C^}0 atmos-pSieires aied 170 e C~ TIBÎS was in I933 . îî esgrâÈe ea MsisEDos aud ©tii€E" seobacks» ÎSESS: tssa ©f palyEEieir ^TÏES Htade- and sold a "VEST lâisr«
PmàiacBBQ Costs, In a recent sum-iinairy ©£ talks glsreaa tjefiore the ClLemical Mastefî: Reseàrdii Associatiaaa oia this page & was not passable to present a u ©ff Hnlse's romarls in connectioQ WÊËÎI tSue price and c©sts fetnxe for poly-ednyHssoe. H e pointed out tixat in trie enstsnce ©C titrés pTodfcct t n e noninte-sjrafted pmodasceir ^srul b e at a serious disadvantage coampEsred Orltb tne inte-surattcd prodncer-
It meqpmres rcMEgnSy,. fie saidÎ a pound and a cjnairter ©f ethylene pes* pound of poSyetiayieme- Tfce integffate«î producer can pffodiuce Ins IraigBi pusily etiiylene w^tla a few sicnple diaiages in. operation,. wioereas As n©nintegrated producer annst r^nme IBIS efiliyfene at a cost of pos-sSîly 0.73 t© 1 cent: per pound. Thus tne cost ©at etîfiyîeiÊe t o flie integrated pa©dmctes TSXM lie 3 to 3-25 cents pe r poeiind ©f etnyîeEiev as compared vritîi 7
t o 7.5 cents pe r pound for the noninte-grated producer.
Tfiis l ie held to be a serious cost disadvantage when the market becomes truly competitive. The integrated producer can also divert lower puri ty recycle" gases from the polyethylene unit t o other ethylene consuining processes, whereas t he nonintegrated producer must either return recycle gas t o his purification unit or operate at lower purity in his reactor system which is stated to affect quality adversely.
Mercury Puzzle. According to Washington press dispatches, Senate Armed Services Cornmittee has appointed a two-man subcommittee to investigate the price skyrocket in mercury which has sent the market to a near record of S270 per 76-pound flask. According to these advices the upsurging mercury price is a mystery to government people- General Services Administration is quoted to the effect that it has m a d e only "routine" purchases for the strategic stockpile.
As in the case of natural rubber in the 1920's, and in coffee currently, no one in the t rade or in the consuming hues expects that the Senate investigation will amount to anything. Mercury production, its marketing, as well as prices, are in the hands of the foreign producers in Spain and Italy. I t is made here only to a minor extent.
GSA and Atomic Energy Commission would not be able publicly to disclose t h e quantities purchased o r uses to which they are pu t in our defense plans. Still, foreign producers contend that American government purchases have been responsible for the sharp price rise. I t is hoped in the meanwhile that the present high level for the metal will encourage larger West Coast production, and alleviate the shortage for electrical and chemical manufacturers.
Resin Emulsions. Latex and resin emulsions are available in volume from many sources, and the struggle for this business isT if anything, greater than it has been according to Pennsylvania Industrial Chemical Corp. Competition in this field has been very vigorous, it is said, and new outlets are being sought for the emulsion-type materials.
Resin demand generally, it is held, has leveled off on higher plane which it reached during April, and most producers are running apparently on a fairly full basis. Coumarone-indene resins are in adequate supply t o meet spring requirements, and government reports indicate good balance between production and sales.
Styrene and modifications of this type are reported to be in greater production than current needs absorb.
2538 C H E M I C A L A N D E N G I N E E R I N G N E W S