Discover more about S&P Global’s offerings.
In this list
Petrochemicals

Dow Chemical issues order control letter for VAM
Energy | Coal | Energy Transition | Emissions | Carbon | Hydrogen | Renewables | Metals

Hitting net-zero targets across industries, featuring 8 Rivers President Damian Beauchamp
Petrochemicals | Olefins | Polymers

Platts Global Polyolefins Outlook
Energy | Oil | Energy Transition

APPEC 2023
Energy | Natural Gas | Petrochemicals | Shale Gas

WPC 2023: BASF CEO says continued China recovery needed to counter global petchems demand slump
Energy | LNG | Metals | Natural Gas | Energy Transition | Coal | Electric Power | Hydrogen | Renewables | Electricity | Thermal Coal

How China's long-term roadmap could impact energy security, commodities
  • Make Decisions With Conviction

For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.

Subscribe Now
  • Petrochemicals
  • 16 Jan 2020 | 16:42 UTC
  • Houston

Dow Chemical issues order control letter for VAM

  • Author
  • Matthew Cook
  • Editor
  • Aastha Agnihotri
  • Commodity
  • Petrochemicals

Houston — Dow Chemical has put order controls in place for vinyl acetate monomer, according to a letter to US customers obtained Thursday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The letter dated January 8 said, effective immediately, volumes will be based on previous monthly averages of purchased volumes, or limited to monthly maximum volumes specified in contracts. The letter does not provide details about how long the order control will be in place.

A Dow spokeswoman was not immediately available for comment.

Vinyl acetate monomer is derived from ethylene and acetic acid, and is a precursor to polyvinyl acetate, which is used to make glue.

Earlier Thursday, market sources said LyondellBasell Acetyls declared force majeure on supplies from its La Porte, Texas, facility.

S&P Global Platts last assessed spot VAM at $1,040/mt for export and 50 cents/lb for domestic markets January 9. Price assessments for VAM are published on Thursdays.