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Sodium silicate market is reviving as rationalization tightens up. (producers operating at high capacity, planning price increases)
Chemical Market Reporter
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November 11, 1996|
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COPYRIGHT 1996 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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ONCE A LAGGARD OF THE INORGANICS BUSINESS, the sodium silicate market has tightened up in the face of rationalized capacity and increased demand.
Silicate producers are implementing 4 to 5 percent price increases at the beginning of this month. They are citing raw material and transportation costs, but industry observers say the price hikes may be more a reflection of tightness in the market than anything else.
In October, silicate producers swallowed an announced $S per ton price increase for soda ash--one of their main feedstocks. Also, in late 1995 and ...
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