HOUSTON (ICIS)–Demand for chlorine derivatives and caustic soda benefited from US hurricanes and two new pulp and paper plants that opened in South America, which provided some bright spots in what has otherwise been a challenging market due to the slowdown in home building and durable goods, US-based Olin said on Friday.
Bleach and hydrochloric acid are used in water treatment and cleaning.
For caustic soda, demand continued to be strong because of demand from alumina and from the pulp and paper industry, said Ken Lane, CEO. He made his comments during an earnings conference call.
Demand from South America has been the most robust, with two recent pulp and paper plant startups, he said.
Published by: www.icis.com
Al Greenwood
25-Oct-2024
