MMA is used to produce polymethyl methacrylate (PMMA) polymer, cast sheets and acrylic resins for coatings and emulsions with applications in various industries – from optoelectronics to automotive.
Scheduled MMA plant shutdowns in July/2010 and August/2010 would likely push the prices higher as these would exacerbate the current supply tightness.Below is the situation of some big producers:
Sumitomo Chemical would be shutting down its 80,000 tonne/year No 2 MMA line in Singapore in end July for repair.Also its 53,000 tonne/year No 1 line in Jurong Island, Singapore would be shut for six weeks from mid July for scheduled maintenance.
South Korean producer LG-MMA also plans to shut its 76,000 tonne/year MMA line at Yeosu next month for a 25-day catalyst change.
Mitsui Chemicals would only restart its 40,000 tonne/year plant in Sakai, Osaka Prefecture, on 25 July. The plant was taken off line on 10 June for a catalyst change.
Thai MMA Co was set to shut its 90,000 tonne/year MMA plant in Mab Ta Phut, Thailand for 10 days of maintenance from 7 July, said a company source.