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TABLE OF CONTENTS
Summary ........................................................................................................................................................4
Introduction....................................................................................................................................................8
Bibliography ................................................................................................................................................36
SUMMARY
The following table presents world supply and demand for isopropyl alcohol (IPA) in 2008:
North America
United States 728 a 720 64 306 478 500 0.9
Canada 104 82 8 67 23 24 0.9
Mexico --b --b 31 <1 31 35 2.5
Oceania 0 0 6 0 6 7 3.1
a. Anhydrous IPA capacity. Crude IPA capacity was 887 thousand metric tons.
d. The negative growth rate reflects the assumption that no IPA-based acetone will be produced in Europe from 2010.
The following table presents the largest producers of isopropyl alcohol by capacity:
Shell 404 18
ExxonMobil 380 17
SASOL 240 11
Dow 161 7
LyondellBasell 130 6
Lee Chang Yung 110 5
All other producers each have less than a 5% share of the global capacity. Some capacity and company
changes occurred during 2006-2009 as follows:
ExxonMobil
Baton Rouge, Louisiana, United States +40 Increased capacity in 2006.
ISU Chemical
Ulsan, Republic of Korea +30 New plant began operations in 2008.
Sasol
Moers, Germany +20 Debottlenecked capacity in 2007.
Shell Chemical
Deer Park, Texas, United States –190 Oversupply and decreased demand resulted in the closure
of Shell’s Deer Park, Texas, IPA plant in November 2008.
Total +10
● Shell sold its oil refinery and associated businesses at the Berre l’Etang petrochemical complex to
LyondellBasell in early 2008.
● Nippon Petrochemicals, formerly an IPA producer, was merged with Nippon Oil Corporation in
2006.
The following tables present isopropyl alcohol consumption by region in 2008 and 2013:
2013
a. Includes Central and South America, Central and Eastern Europe, Africa, the Middle East and Oceania.
c. Includes consumption for the production of isopropylamines, MIBK/MIBC/DIBK, isopropyl acetate and
other isopropyl esters.
d. Includes use as a raw material for organic synthesis, pesticides and industrial cleaners.
f. Included in Other.
The following table presents world consumption of isopropyl alcohol by end use:
a. The negative growth rate reflects the assumption that no IPA-based acetone will be produced in Europe
from 2010.
Use of IPA in direct solvent applications consumed 62% of total IPA demand in 2008. IPA is also used in
surface coatings, inks, pesticide formulations, electronic applications, reagents and as a processing solvent
in the production of resins.
Global IPA-based acetone production is expected to decrease with the increase of phenol capacity
(acetone is a coproduct of phenol by the cumene peroxidation process). It is estimated that IPA-based
acetone will no longer be produced in Western Europe from 2010. Worldwide IPA consumption is
estimated to grow at an average annual rate of 1.0-1.5% during 2008-2013.
Key findings and future implications for the isopropyl alcohol market include:
● At least three IPA plants came on stream in Asia during 2005-2008, adding 130 thousand metric
tons to world capacity; Shell closed its Deer Park plant in part due to ample supply overseas with
the start-up of these plants.
● Novapex in Roussillon, France plans to switch part of its acetone production capacity to isopropyl
alcohol and plans to start production in January 2010. The annual capacity for IPA will be
approximately 40 thousand metric tons.
● Several companies expanded IPA capacity during 2006-2008, including ExxonMobil, Sasol and
Nippon Oil.
● Supplies of IPA were tight in 2006 in most regions due to increased demand from countries with
recovering or emerging economies and capacity limitations.
● In 2008, global supply and demand was relatively balanced as demand decreased due to the
weakened global economy.
● Ample capacity and decreased demand resulted in a global operating rate of 78% in 2008.
● As long as the demand for IPA continues to grow at the estimated annual rate of 1.0-1.5%
through 2013 and there are no major capacity additions, the industry operating rate should be in
the mid-80s.
● As of late 2008/early 2009, the acetone market has been tight due to its coproduct phenol’s
decreased demand (and hence production). This could lead to increased IPA consumption for
competing applications, particularly chemical intermediates.
● It is estimated that IPA-based acetone will no longer be produced in Europe from 2010—
primarily due to ample cumene-based acetone supply that should be available.
● Pricing increased in 2008 as many producers were able to pass along price increases (due to
higher raw material costs and IPA shortages).
● Supply/demand and feedstock (propylene) costs have had and will continue to have the greatest
effect on IPA pricing.
INTRODUCTION
Isopropyl alcohol, (CH3 ) 2 CHOH (also known as IPA or 2-propanol), is a clear, colorless, volatile,
flammable liquid with a slight odor. It is miscible with water and a variety of organic solvents. Various
grades of 99% IPA are commercially available, including USP (United States Pharmacopoeia), ACS
reagent and ACS semiconductor.
MANUFACTURING PROCESSES
Isopropyl alcohol is produced by three different processes, two of which use propylene as a starting
material. The first method consists of indirect hydration of propylene via a two-step process. In the first
step, propylene reacts with sulfuric acid to form mono- and diisopropyl sulfates. The second step involves
the hydrolysis of the isopropyl sulfates to isopropyl alcohol. One advantage of this process is that high-
purity propylene feedstock is not required. Consequently, a C 3 stream isolated from refinery off-gases
that contains 40-60% propylene is often used.
The second method of manufacture involves the direct hydration of propylene with an acid catalyst. The
reaction is as follows:
acid
catalyst
CH3CH CH2 + H 2O (CH3)2CHOH
This process, involving use of superheated steam and high pressures, is used in Canada, Mexico, Western
Europe and Southeast Asia, including Japan, but not in the United States.
The third method of manufacture involves the hydrogenation of acetone to isopropyl alcohol. This
process is used in Brazil and the United States.
UNITED STATES
PRODUCING COMPANIES
Company and Plant Location Crudea Anhydrousb Raw Material and Process
a. Crude IPA (the azeotropic mixture of IPA and water) produced by the indirect hydration of propylene is generally 87-
91% IPA and may contain odor-causing compounds, diisopropyl ether or other impurities. Few direct applications
exist for crude IPA.
b. Anhydrous IPA is produced by the distillation of crude IPA to a purity level of 99% or better. Anhydrous IPA is used
in the majority of applications.
c. A subsidiary of Lyondell Chemical Company. Company hydrogenates crude acetone generated as a by-product of
propylene oxide manufacture by Lyondell.
● ExxonMobil increased capacity in Baton Rouge, Louisiana by 40 thousand metric tons in 2006.
● Shell Chemicals closed its Deer Park, Texas solvents operation, including IPA and the C 6
solvents MIBK, MIBC, diacetone alcohol and hexylene glycol, in November 2008, citing poor
demand and oversupply as primary reasons for the closure.
SALIENT STATISTICS
The following table presents U.S. supply and demand for isopropyl alcohol:
SOURCES: (A) Synthetic Organic Chemicals, U.S. Production and Sales, U.S.
International Trade Commission (data for PRODUCTION and
SALES for 1960-1994).
Production and exports of IPA will decrease substantially in 2009 due to the closure of Shell Chemicals’
Deer Park solvents plant in November 2008.
CONSUMPTION
Consumption of IPA in direct solvent applications was 250 thousand metric tons in 2008. IPA is used in
surface coatings, including wood finishes, auto refinishes and thinners. Other direct solvent applications
include inks (IPA is used as a cosolvent in waterborne formulations); pesticide formulations; processing
solvent in the production of resins; electronics applications and reagents. The recent weak economy,
decreased automobile production and decreased resins production have all contributed to a decline in IPA
consumption as a direct solvent. Stricter volatile organic compound (VOC) regulations will limit growth
in direct solvent demand. The greatest impact will be felt in surface coating applications. Solvent
concentrations may be reduced considerably as customers switch to waterborne or high-solids coatings.
Despite possible limited growth in coatings applications, the overall use of IPA as a direct solvent is
expected to grow 1.0% annually through 2013.
Consumption of IPA for the manufacture of chemical derivatives was 121 thousand metric tons in 2008.
The largest-volume derivatives include methyl isobutyl ketone (MIBK), methyl isobutyl carbinol
(MIBC), diisobutyl ketone (DIBK), isopropylamines, and isopropyl acetate. Monoisopropylamine
(MIPA) is used in herbicides (triazines and glyphosate). MIBK, DIBK and isopropyl acetate are used
primarily as solvents in paints, coatings and inks. MIBC is used in lube oil additives and in froth flotation
for ore beneficiation. Various isopropyl esters are used in lube oil additives and cosmetic and personal
care products. Despite strong demand for glyphosate, IPA consumption for isopropylamines is expected
to remain flat or decrease. Monoethanolamine (MEA) is used to make a glyphosate MEA salt. The large
drop in IPA consumption for isopropylamines from 2002 to 2005 was attributed to a supply/demand drop
because of weather-related conditions, better technology (using MEA instead of MIPA for glyphosate)
and legislation passed in 2004 in the agricultural industry that benefited MEA. Chemical intermediates
also consumed acetone at the expense of IPA. Acetone is the feedstock of choice for MIBK.
Total demand for IPA in chemical derivatives is expected to grow at an average annual rate of 0.5%
through 2013, driven primarily by demand for MIBC. Methyl isobutyl carbinol is experiencing positive
growth as a flotation frother (especially in actively mined regions). MIBC, used to manufacture zinc
dialkyldithiophosphate (ZDDP) antiwear and corrosion inhibitor additives for lube oil additives, may
benefit significantly when GF-5 specification (currently being studied and planned to be introduced in
2010) for improving lube oil performance is launched.
Consumption of IPA in household, cosmetic and personal care products was 74 thousand metric tons in
2008. These products include rubbing alcohols, disinfectants, pine cleaners, glass cleaners, cosmetics and
other personal care products. Rubbing alcohol and household products account for approximately 60
thousand metric tons of IPA consumption. As with chemical derivatives, growth rates vary considerably
for different applications, but the overall average annual growth rate is anticipated to follow GDP rates.
Consumption of IPA in pharmaceutical solvent applications was 25 thousand metric tons in 2008. IPA is
used primarily as a processing solvent during drug manufacture, but is also used in medical wipes and
some medicinal formulations. Solvent recovery systems that were installed at many pharmaceutical
companies reduced virgin IPA consumption. However, this drop in demand has stabilized and IPA
consumption as a pharmaceutical solvent is forecast to grow at an average annual rate of 1.6% through
2013.
Consumption of IPA for the production of acetone was 8 thousand metric tons in 2008. Dow is the sole
producer of acetone from IPA; all other large-scale U.S. acetone producers use cumene oxidation.
Although more costly than the use of cumene, the use of IPA produces better-quality acetone. IPA-
derived acetone contains less water and has no benzene contamination. Dow’s consumption of IPA for
acetone depends on demand for acetone and acetone derivatives such as MIBK, isophorone and aldol
chemicals. IPA-based acetone production is expected to remain the same through 2013.
Solvent applications, either directly or indirectly via chemical derivatives, account for greater than 80% of
total IPA demand in the United States. Therefore, regulations concerning VOCs and emissions may affect
future demand for IPA.
Total demand for IPA is estimated to grow at an average annual rate of 0.9% through 2013, reaching 500
thousand metric tons in 2013.
PRICE
The following table presents U.S. prices and unit sales and trade values for isopropyl alcohol:
U.S. Price, Unit Sales Value and Unit Trade Values for Isopropyl Alcohol
Unit Unit
Import Export
Pricea Unit Sales Value Value Value
Cents per Cents per Cents per Cents per Cents per Cents per Cents per
Gallon Poundb Kilogram Pound Kilogram Kilogram Kilogram
a. Prices through 1988 are list prices taken on or near July 1 of each year. Whenever a range of prices was
given in the source for these years, the lowest was used. Price bases are as follows:
b. Prices were converted into cents per pound using a factor of 0.15 gallon per pound.
SOURCES: (A) Chemical Marketing Reporter, midyear issues (data for PRICE for 1955-1988).
(C) Synthetic Organic Chemicals, U.S. Production and Sales, U.S. International Trade
Commission (data for UNIT SALES VALUE).
(D) U.S. Imports and U.S. Exports, U.S. Department of Commerce, Bureau of the Census
(data for UNIT IMPORT VALUE and UNIT EXPORT VALUE).
Several factors affect the price of IPA: the price of propylene, the price of other solvents such as ethanol,
and supply/demand. In more recent years, feedstock (propylene) costs and supply/demand have had the
greatest effect on IPA pricing.
TRADE
Historical trade data are compiled in the SALIENT STATISTICS section. The following tables show 2005
and 2008 imports and exports of isopropyl alcohol by country of origin and destination, respectively.
2008
Thousands of Percent of Unit Import Value
Metric Tons Total (dollars per kilogram)
2008
Thousands of Percent of Unit Export Value
Metric Tons Total (dollars per kilogram)
The United States has been a net exporter of IPA for many years. As domestic consumption of IPA began
dropping in the early 1980s because of declining demand for IPA in the production of acetone, exports
began to increase. In 2008, exports accounted for 42% of production, up from 9% in 1980.
CANADA
PRODUCING COMPANIES
The IPA plant in Sarnia, Ontario is operated by LyondellBasell while Shell controls and markets the IPA.
PRODUCTION
1995 80
2000 95
2002 96
2005 91
2008 82
With the closure of Shell’s Deer Park, Texas plant, production will likely increase in Canada.
CONSUMPTION
1995 33
2000 36
2002 23
2005 23
2008 23
2013 24
2008-2013 0.9%
Canadian consumption of IPA was approximately 23 thousand metric tons in 2008. Solvent applications
account for nearly all consumption. Pharmaceuticals, surface coatings, inks and pesticide formulations are
the largest uses. IPA is also used in the production of some intermediate chemicals used for the mining
industry and as a processing solvent in the production of resins, in electronics and in reagents. Total
Canadian consumption of IPA is estimated to remain relatively flat from 2008 to 2013.
TRADE
The following table presents Canadian imports and exports of isopropyl alcohol:
Most Canadian exports of IPA were destined for the United States (90%) and the Netherlands (10%), in
2008.
MEXICO
PRODUCING COMPANIES
The following table presents the sole Mexican producer of isopropyl alcohol:
Petroquímica Salamanca (PEMEX) idled its 15 thousand metric ton-per-year plant in 2001.
SALIENT STATISTICS
The following table presents Mexican supply and demand for isopropyl alcohol:
TRADE
Most imports originate in the United States. Imports of IPA declined dramatically in 1993 when Celanese
Mexicana shut down its IPA-to-acetone plant at La Cangrejera in March of that year. Celanese Mexicana
was sourcing its IPA from imports and from IPA produced by PEMEX. Celanese currently produces IPA
at a multipurpose plant in La Cangrejera, but consumes it captively.
PRODUCING COMPANIES
The following table presents Central and South American producers of isopropyl alcohol:
Argentina
Brazil
Total 65
SALIENT STATISTICS
The following table presents Central and South American supply and demand for isopropyl alcohol:
2000 49 53 14 88
2001 42 57 18 81
2002 46 48 21 73
2003 49 65 17 97
2004 59 65 15 109
2005 52 51 20 83
2006 51 35 14 72
2007 47 40 12 75
2008 53 33 16 70
CONSUMPTION
The following table shows Central and South American consumption of isopropyl alcohol:
Solvent 37 53 44 3.5
Acetone 13 19 15 2.9
Other 20 28 22 1.9
The following table presents historical Central and South American consumption of isopropyl alcohol:
2002 36 14 23 73
2005 45 12 26 83
WESTERN EUROPE
PRODUCING COMPANIES
LyondellBasell Industriesa
Berre Petrochemical Complex
Berre-l’Etang 130 Captive and purchased propylene;
indirect hydration
Germany
Total 670
a. Shell sold its oil refinery and associated businesses at the Berre l’Etang petrochemical
complex in France to LyondellBasell in early 2008.
● Shell is the largest Western European producer of IPA (accounting for 45% of Western European
capacity) even after selling its oil refinery and associated businesses at the Berre l’Etang
petrochemical complex to LyondellBasell in early 2008.
● Sasol debottlenecked its Moers, Germany plant by 20 thousand metric tons in 2007.
● Novapex in Roussillon, France plans to switch part of its acetone production capacity to isopropyl
alcohol and plans to start production in January 2010. The annual capacity for IPA will be
approximately 40 thousand metric tons.
SALIENT STATISTICS
The following table presents Western European supply and demand for isopropyl alcohol:
CONSUMPTION
Total 34 7 34 0.0%
Acetone 80b 16 0c --
Household, Cosmetic and
Personal Care Products 48 10 52 1.6
Pharmaceuticals 40 8 41 0.5
c. Based on the assumption that cumene-based acetone supply will be ample worldwide,
i.e., no IPA-based acetone will be produced in Europe from 2010.
d. The negative growth rate reflects the assumption that no IPA-based acetone will be
produced in Europe from 2010.
The following table presents historical Western European consumption of isopropyl alcohol:
Total 53 37
Consumption of isopropyl alcohol in direct solvent applications totaled 288 thousand metric tons in 2008.
Isopropyl alcohol is primarily used as a solvent in surface coatings. Other solvent applications include
inks, pesticide formulations, as a processing solvent in the production of resins, electronics applications
and chemical reagents. Stricter VOC emission regulations will limit the future growth of IPA in direct
solvent applications. The greatest implication will be in surface coating applications. Coating
formulations are expected to follow a trend toward waterborne or higher solids content coatings. Despite
the pressure to reduce VOC emissions, IPA consumption in solvent applications is estimated to grow by
1% per year over the next five years.
Isopropanol consumed for use as a chemical intermediate totaled 34 thousand metric tons in 2008.
Consumption of IPA in household, cosmetic and personal care products amounted to an estimated 48
thousand metric tons in 2008. Pharmaceutical solvent applications consumed approximately 40 thousand
metric tons in 2008. IPA is used primarily as a processing solvent during drug manufacture and medicinal
formulations. IPA is used as a highly effective bactericide and is used as a disinfectant in hospitals and in
preoperative skin treatment.
The IPA consumption growth rate during 2008-2013 is estimated to be –2.6% per year. This negative
growth rate assumes that no IPA-based acetone will be produced in Europe from 2010.
PRICE
The following table presents Western European prices for isopropyl alcohol:
a. Yearly average.
Production issues coupled with (but to a lesser extent) the rising cost of propylene resulted in higher IPA
prices in 2007 and 2008. IPA shortages drove prices up in the second quarter of 2007 before coming back
down in the fourth quarter. Prices increased again in mid-2008. By early 2009, lower propylene costs and
weak demand brought IPA prices back down.
TRADE
Historical extra-European trade data are summarized in the SALIENT STATISTICS section. In addition,
official European trade data include both n-propyl alcohol and isopropyl alcohol in the same trade
category. The United States is the dominant supplier, but over recent years imports from South Africa and
the Far East have taken up some of the market share.
Accurate representation of trade flow is complicated because exports from two of the three producing
countries are treated as confidential in the official trade statistics. Export data for Germany and France are
not reported by Eurostat or by the H.M Customs and Excise. In Western Europe, significant trade
activities occur between IPA-producing countries.
PRODUCING COMPANIES
Orsknefteorgsintez
Orsk, Russia 74 Captive propylene; hydration of
isopropyl sulfate
SALIENT STATISTICS
The following table presents Central and Eastern European supply and demand for isopropyl alcohol:
2000 30 12 10 32
2001 23 15 5 33
2002 29 14 13 30
2003 24 21 15 30
2004 24 18 11 31
2005 29 26 22 33
2006 39 32 35 36
2007 37 34 19 52
2008 35 33 20 48
JAPAN
PRODUCING COMPANIES
Tokuyama Corp.
Shunan, Yamaguchi Prefecture 74 Propylene; direct hydration
Total 192
a. Nippon Petrochemicals, a former producer, was merged with Nippon Oil Corporation in 2006.
Tokuyama is the leading producer/supplier of high-purity isopropyl alcohol (IPA), which is used mostly
for precision cleaning in the electrical/electronic industry. The company also operates filling facilities for
high-purity IPA in Taiwan and Singapore. Nippon Petrochemicals, formerly an IPA producer, was
merged with Nippon Oil Corporation in 2006. Nippon Oil Corporation increased its production capacity
from 75 thousand metric tons to 85 thousand metric tons in October 2008.
SALIENT STATISTICS
The following table presents Japanese supply and demand for isopropyl alcohol:
CONSUMPTION
Printing Inks 43 42 44 44 43 41
Coatings 37 36 38 37 37 35
Industrial Cleaners 29 25 29 29 30 28
Pharmaceuticals 11 10 11 11 10 9
Raw Material for Organic Synthesis 10 8 9 9 9 9
Surfactants 7 6 6 6 6 6
Pesticides 2 2 2 2 2 2
Other 17 16 17 16 16 15
Of total consumption in 2008, isopropyl alcohol consumed in printing inks accounted for the largest
amount (28%). Consumption is expected to increase slightly in the next five years.
Consumption of IPA for industrial cleaners was approximately 28 thousand metric tons in 2008. More
than 70% of this consumption is high-purity isopropyl alcohol for precision cleaning in the
electrical/electronic market, particularly the semiconductor and flat panel display industries. Consumption
in this area is expected to be modest at best because of the shift in overseas production in the
electrical/electronic industry.
Consumption of isopropyl alcohol for pharmaceuticals, as raw material for organic synthesis, and for
surfactants and pesticides, has mostly been stable since 1995 and will remain the same through 2013.
Overall, consumption of isopropyl alcohol in Japan is expected to remain almost the same during 2008-
2013.
PRICE
Japanese market prices and unit sales values for isopropyl alcohol are listed in the table below.
Japanese Market Price and Unit Sales Value for Isopropyl Alcohol
Market Price Unit Sales Value
Yen per Dollars per Yen per Dollars per Exchange Rate
Kilogram Kilogram Kilogram Kilogram (yen per dollar)
The price for isopropyl alcohol has changed, in principle, in line with that for propylene, which is a raw
material that accounts for a major portion of the production cost since 1995. The price for high-purity
IPA, which is used mostly for precision cleaning in the electrical/electronic industry, is estimated to be a
little more than twice the price for standard IPA.
TRADE
Japan had been a net importer of isopropyl alcohol until it increased capacity in 1997 and 1998. In recent
years, the major importers have been the United States and Singapore. Major export destinations are
Singapore, Malaysia, the Republic of Korea, Taiwan, China, Indonesia and Thailand.
OTHER ASIA
China
India
Korea, Republic of
LG Chemical Ltd.
Yeosu-si, Jeollanam-do 100 Captive acetone; hydrogenation (55 thousand
metric tons). Captive propylene; direct
hydration (45 thousand metric tons).
Singapore
Taiwan
Total 530
● Shandong Dongying Haike Xinyuan Chemical in China started up a new 30 thousand metric ton-
per-year IPA plant at Dongying, Shandong at the end of 2005.
● Deepak Fertiliser & Petrochemicals in India started up a new 70 thousand metric ton-per-year
IPA plant at Taloja, Maharashtra in 2006.
● TASCO Chemical Corporation in Taiwan started up a new 20 thousand metric ton-per-year IPA
plant at Linyuan, Kaohsiung Hsien in 2008.
● ISU Chemical in the Republic of Korea started up a new 30 thousand metric ton-per-year IPA
plant at Ulsan in 2008.
The following table presents other Asian supply and demand for isopropyl alcohol:
SOURCE: CEH estimates compiled in association with the World Petrochemicals Program,
SRI Consulting.
China’s current annual capacity is estimated at over 130 thousand metric tons. There are a few small
fermentation plants that can produce IPA, but their production is very small. In 2008, China produced
115-125 thousand metric tons. The consumption of IPA in China in 2008 was approximately 223
thousand metric tons.
Most imports originate from the United States, Taiwan, Singapore and the Republic of Korea, while the
major export destination is Hong Kong.
The following table presents other Asian consumption of isopropyl alcohol (excluding China):
a. Includes India, Indonesia, Republic of Korea, Malaysia, Philippines, Singapore, Sri Lanka, Taiwan and Thailand.
b. Includes household, cosmetic and personal care products; pharmaceutical applications; and other miscellaneous solvent
uses.
The Republic of Korea has an annual capacity of 130 thousand metric tons. Its current annual production
is estimated at about 65-70 thousand metric tons and consumption is estimated to be 60-65 thousand
metric tons.
SOURCES: (A) Statistical Yearbook of Foreign Trade, Korea Customs Service (data for 1995-
2004).
(B) World Trade Atlas, Global Trade Information Services, Inc. (data for 2005-2008).
Imports of high-purity isopropyl alcohol have been very small since 1996, in line with government policy
to favor the use of domestic products. The Republic of Korea imports standard IPA, mainly from the
United States, Japan, South Africa and Singapore, while considerable exports go to China, Thailand and
Indonesia.
Taiwan, which has an annual capacity of 130 thousand metric tons, was a net importer until 1997. In
2008, IPA production in Taiwan was approximately 75-80 thousand metric tons. Its current annual
consumption is estimated at approximately 45-50 thousand metric tons. The consumption of high-purity
IPA is expected to grow, reflecting the increasing production of electrical/electronic parts.
Most imports originate from the United States and Japan, while major export destinations include China,
the United States, India and Singapore.
BIBLIOGRAPHY
“French Firm Mulls Isopropyl Alcohol Unit,” Chemweek’s Business Daily, October 31, 2007, p. 8.
“Shell to Close Deer Park Solvents Operations by November 1,” Platts Petrochemical Report, June 20,
2008, p. 1.