Ethylene Oxide Derivatives

John Hodgkinson, Tecnon OrbiChem

Chemicals Committee Meeting at APIC 2012

Kuala Lumpur, 18 May 2012

Source: Tecnon OrbiChem

APIC 2012

ETHYLENE OXIDE DERIVATIVES (EODs)

Name End-Uses

• MEG/DEG/TEG - Glycols Various Uses, mainly in Polyester Fibre, Film & Resin

• Ethoxylated Surfactants Fatty Alcohol, Fatty Acid, Alkyl-/Nonyl- Phenols

• Ethanolamines Ethyleneamines, Detergents, Personal Care Products,

Gas Treatment, Metal Working, Cement Grinding

• Ethylene Glycol Ethers Solvent formulations for paints, inks, cleaning fluids

• Polyols Polyurethane Polymers

• Polyethylene Glycols (PEGs) Medical Uses, Coatings, Solvents

• Polyalkylene Glycols (PAGs) Lubricants, Metal Working, Industrial Oils

• Hydroxyethyl Cellulose Gelling/Thickening Agent in paints and inks

• Choline Chloride Animal Feed Supplement

• Ethylene Carbonate Cross-linking Agent for Super-Absorber Polymers

Glycols65%

Polyols3%

PEGs1%

Glycol Ethers5%

Ethoxylates16%

Ethanolamines7%

Others3%

APIC 2012

EO USE IN ALL EO DERIVATIVES

Source: Tecnon OrbiChem

1990 Total7.5 Million Tons

Glycols76%

Glycol Ethers3%

Ethoxylates10%

Ethanolamines7%

Polyols2%

PEGs1%

Others1%

2011 Total21.6 Million Tons

Ethoxylates47%

Ethanolamines19%

Glycol Ethers15%

Polyols7%PEGs

4%Others8%

APIC 2012

EO USE IN NON-GLYCOL EO DERIVATIVES - 1990

Source: Tecnon OrbiChem

1990 Total2.6 Million Tons

Ethoxylates42%

Ethanolamines29%

Glycol Ethers11%

Polyols7%PEGs

5%Others

6%

2011 Total5.2 Million Tons

Ethox

ylates

Ethan

olamine

sG

lycol

Ethe

rs

Polyo

ls

PEG

s

Othe

rs

1990

20110

200

400

600

Source: Tecnon OrbiChem

APIC 2012

EO USE IN NON-GLYCOL EO DERIVATIVES - USA

1,000 Metric Tons

Ethox

ylates

Ethan

olamine

sG

lycol

Ethe

rs

Polyo

ls

PEG

s

Othe

rs

1990

20110

200

400

600

800

Source: Tecnon OrbiChem

APIC 2012

EO USE IN NON-GLYCOL EO DERIVATIVES - EUROPE

1,000 Metric Tons

Ethox

ylates

Ethan

olamine

sG

lycol

Ethe

rs

Polyo

ls

PEG

s

Othe

rs

1990

20110

40

80

120

160

200

Source: Tecnon OrbiChem

APIC 2012

EO USE IN NON-GLYCOL EO DERIVATIVES - JAPAN

1,000 Metric Tons

Ethox

ylates

Ethan

olamine

sG

lycol

Ethe

rs

Polyo

ls

PEG

s

Othe

rs

1990

20110

20

40

60

80

100

120

140

Source: Tecnon OrbiChem

APIC 2012

EO USE IN NON-GLYCOL EO DERIVATIVES - CHINA

1,000 Metric Tons

Ethox

ylates

Ethan

olamine

sG

lycol

Ethe

rs

Polyo

ls

PEG

s

Othe

rs

1990

20110

50

100

150

200

250

300

Source: Tecnon OrbiChem

APIC 2012

EO USE IN NON GLYCOL EO DERIVATIVES- ASIA EXCLUDING CHINA & JAPAN

1,000 Metric Tons

Japan28%

South Korea16%

Taiwan4%

China30%

India9%

Indonesia2%

Malaysia2%

Singapore5%

Thailand4%

APIC 2012

ASIAN ETHOXYLATES CAPACITIES 2012

Source: Tecnon OrbiChem

Total 1.3 Million Tons

Japan15%South Korea

3%

Taiwan10%

China54%

India3%

Malaysia9%

Thailand6%

APIC 2012

ASIAN ETHANOLAMINES CAPACITIES 2012

Source: Tecnon OrbiChem

Total 0.8 Million Tons

Source: Tecnon OrbiChem

APIC 2012

ETHOXYLATES PRODUCERS NEED - ‘SOAPERS’

0

250

500

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012

$/ton

United StatesEO

EuropeEO

Asia SpotMEG

Source: Tecnon OrbiChem

APIC 2012

ASIAN MEG vs. US & WE & EO PRICES 1990-2012

0

500

1,000

1,500

2,000

2010

2011

2012

$/ton

United StatesEO

EuropeEO

Asia SpotMEG

Source: Tecnon OrbiChem

APIC 2012

ASIAN MEG vs. US & WE & EO PRICES 2010-2012

0

500

1,000

1,500

2,000

1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012

$/ton

United StatesEO net

EuropeEO net

Asia SpotMEG as EO exw

Source: Tecnon OrbiChem

APIC 2012

ASIA MEG vs. US & WE EO PRICES 1990-2012

0

250

500

750

1,000

1,250

1,500

1,750

2010

2011

2012

$/ton

United StatesEO net

EuropeEO net

Asia SpotMEG as EO exw

Source: Tecnon OrbiChem

APIC 2012

ASIA MEG vs. US & WE EO PRICES 2010-2012

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