P.1 

OAR Box 1872 

Prepped by Keeia Richards 

Document Number: 

25) 11-1-74 

Docket Number: 

A-90-19 

Printed 11/26/2008 8:51:50 AM Sheet 25 of 204 
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Organic Intermediates through Ishihara Sangyo's Advanced Technology; 

NEW BENZENE DERIVATIVES 

• 001 

Cl 

ri) UJL 

•II-OC B 

••00 * 

NO, 

fy*- U NH, 

1,4-DAN* 

••10 t 

OH 

HO^ts^^O H M 

1,S.t.THI 

• lot 

Clj^NC I 

LJT 

3.«-0CF» 

•-00 2 

Br 

rn Ut-ft-DM l 

••101 

Cl 

n «^x° 

i.a.irct 

• 111 

MCO 

rjL^/lc n i 

1.J.I-DCIB 

••212 

NO, 

r*^V LJC 

Cl 

i.4.i-Dcn» 

••009 

NO. 

fr K) Cf 

2.4-DCNt 

••103 

NHi 

CI^/'C ri J 

1.1 OCA 

•40 1 

NO. 

r^Y"" U Cl 

S.2.CNA 

• 104 

Cl 

HN^S/UH n . 

1.1 DAM 

••in 

CHtO^^^OCH rii . 

•,1.1-CDMB 

••110 

/ — \ /*••— \ 

m

\_f\J M i r 

ISHIHARA SANGYO has added the above new compounds lo its product line. 

Although these new developmental compounds are only in the research stage, small 

samples can be prepared for research and development purposes. We wish to make 

the best use of our processes to assist in the synthesis of your products. 

ISK ISHIHARA SANGYO KAISHA, LTD. 

10-30. Fuiimi 2-Chome. Chiyoda-ku, Tokyo. Japan. Telex 2324306 ISK J 

ISK (EUROPE) S.A. 33/31 Rue Montoyer. Box 8 1040 Bruzelles 

Tel (02)512-5450 512-72-78 Telex:23362 ITDD B 

ISHIHARA CORPORATION (U.S.A.) Transemerica Pyramid 42nd 

Floor 600 Montgomery Street. San Francisco. Ca. 94111 

Tol 415-421-8207 Tele« 278010 ICUSA UR 

MACKSTATDM 

iDMDM HYDANTOIN 

^OSMETIC PRESERVATIVE 

^3i2/927-240i 

MclNTYRE 

GROUP LTD. 

4851 S. ST. LOUIS AVENUE • CHJCAG'O, ILLINOIS 60632 • TWX 910-221-1428 

The new name for 

Stauffer quality is 

Rhone-Poulenc. 

Stauffer Chemical has joined forces with 

Rh6ne-Poulenc. And we've changed our name. Our 

commitment to excellence In performance and pride 

In achievement hasn't changed, however. In fact, we're 

better equipped to meet your needs than ever before. 

Find out how. Call or write today for a free 12-page 

report. From the new name for Stauffer quality: 

Rhone-Ftoulenc. One Corporate Drive. 

Box 881. Shelton. CT 06484. 

Call 1-800-642-4200 

for a complete report. 

(W*r' RHONE-POULENC 

RHONE-POULENC BASIC CHEMICALS CO 

A-90-19 

II-I-74 

AROMATIC ORGANI 

Phthalic Price Stability Seen 

Despite Sharp Decline in Use 

Phthalic anhydride producers, while 

apparently not overjoyed by current 

market trends, feel that they ar e nevertheless in a position to maintain a stable 

marke t through the continuing stolid 

feedstock price of ortho-xylene. 

0-xylene has held its 15 'A-cents-per-pound 

price since August, something which phthalic 

producers find unusual. Initially, as producers charted o-xylene's 4-cent drop from June 

to a new contract price in July of 17 cents per 

pound, to finally 15'/i cents in August, there 

was concern of not only how much further the 

spot would drop, but also to what degree 

remaining margins would be squeezed. 

"Around this time we saw our margins 

erode as we realized how much high priced 

phthalic was in our tanks," notes one producer. 

Production was also cut back by 5 to 10 

percent as demand fell below last year's levels. The slumping automotive and housing 

industry, as well as the pleasure boat industry, have shouldered the burden of blame for 

phthalic's softening. These end uses consume 

almost 70 percent of the phthalic industry in 

the form of both plasticizers and polyester 

over, and secondly, we don't want to cut our 

own throats in the process," says a producer. 

Imports continue to be a problem as foreign subsidized imports draw fire from US 

J PRICE TRENDLINES 

WEEK ENDING DEC. 15,1989 

CHANGES/UP 

Norn 

CHANGES/DOWN 

AROMATICS INDEX 

The Aromatic Organics index reflects 

the prices of 14 representative materials 

in this sector and the quantity of each 

produced In 1988. 

Dec. 15,1S89 228.17 

Dec. 8,1989 223.25 

Nov. 17,1989 220.43 

Dec. 16,1988 217.73 

Chan-lea'Prices Start on Ptg* 30 

SLUMP IN PAINTS 

The other related end use of phthalic is 

alkyd resins which make up almost 20 percent of output. Alkyd resins go mostly into 

paint as additives and are slumping in conjunction with slow housing starts. 

Evaporated export sales to the Far East 

have also hurt phthalic producers. Producers 

cite production capacity coming on in the 

Pacific Rim as well as China's seemingly 

endless market drying up as softening the 

market at home. 

China was an extremely strong buyer of 

US-made phthalic anhydride from late 1987 

to about October of last year, the basic trend 

being strong export growth in the East, including Taiwan, into 1988 and slacking off 

sometime later in the year. 

Although it had been thought that China 

was getting back into the market after what 

some considered a large buying spree to build 

inventories, recent political unrest has 

frozen any hopes at the moment of renewed 

large-scale sales to China. "We had a unique 

opportunity that probably won't come back 

for a while," says one producer. 

Nevertheless, barring inflation, producers 

expect to see a 2 to 3 percent annual growth 

based on the health of the economy as well as 

based on the growth of the population. 

"This is a commodity chemical," notes one 

producer. "The person who buys it doesn't 

care where it comes from; the competition 

decides the price." 

Despite slowing of the economy, price stability is a constant producers rely on as they 

try to gauge margins. "We don't want to start 

cutting prices to spur demand, because first, 

demand right now isn't good enough to fight 

producers. Complaints stem from the fact 

that as foreign governments aid their producers with subsidized feedstocks, they are In 

turn able to sell their products in US markets 

for a few cents less than current market 

prices. 

It has been noted that as Far East markets 

dried up. South American producers may be 

looking northward for new attractive markets. 

"At the present, there may be too many 

cats chasing too few mice," notes one producer. 

Producers predict that 1989's sales will 

finish up somewhere around 5 to 6 percent off 

of last year's ITC government production figure of 1.14 billion pounds. Although industry 

producers felt a more representative number is closer to 1.05 billion pounds for 1988, it 

still represented an almost 94 percent capacity utilization. 

For 1989, the sentiment is that If sales 

were off only by 5 or 6 percent, then It was a 

relatively successful year. 

"When all the facts are in for 1989, it may 

not turn out to be that bad of a year, but 

compared with 1988, things of course don't 

look that good," says a producer. 

At present, phthalic anhydride prices are 

between 36 and 40 cents per pound for 50 

pound bags and between 33 and 37 cents per 

pound for tank deliveries. 

DOUGLASLOFFREDO 

BTX — The benzene spot, trading last 

week around $1.33 to 11.37 per gallon, is up 

from the dip it took several weeks ago when it 

hit levels in the mid-S1.20 range. 

The spot appears to be stabilizing ata point 

Continued on Page 16 

AROMATIC ORGANIC OUTPUT: 3RD QTR. 1989 

US INTERNATIONAL TRADE COMMISSION NUMBERS IN 1,000's 

3RD QTR.'St 

Aniline kilos 123,88a' 

Benzene Km 1,530,037 

Bisphenol-A. knot 1*r2,«1« 

Chlorobenzene, mono kiloe 94,842 

Cumene knot 511,622 

Cyclohezan* kilo* 2S1,rsa 

Ethylbenzene kilos 1,0)1,412 

Maleic anhydride kilos 47,766 

Phenol, syn Wot 396,217 

Phthalic anhydride klloa 122.167 

Sryrene monomer kilos 958,626 

Terephthallc acid, dimethyl ester kDos 620.502 

Toluene, all grades Itrs. 685,745 

Toluene 2,4- and 2,6- dHsocyanata klloa 68,846 

Xylene, an grades Itrs. 765,690 

O-Xylene kites 76.161 

p-Xylene Mos 699,880 

Data are partly estimated. Totals may not equal the sum ol the monthly 

CUM.'89 

386,015 

4,855,278 

198,445 

106,457 

1,657,119 

616,057 

1,226,676 

151.707 

1,216,271 

162,468 

2,867,046 

2,692,624 

2,125.614 

255,104 

2,451,405 

262,587 

1,964,466 

CUM.'68 

946,998 

4.506.627 

957,016 

87,676 

1,618,394 

778,766 

9,444,061 

140,668 

1,170.660 

1,185,919 

2,642.659 

1,401,841 

2,520,918 

255.246 

2,125.057 

911.914 

1,676,904 

figures due to fiscal year revision. 

14 CHEMICAL MARKETING REPORTER December 18,1989 
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