Eurasian chemical market

The CIS Market of Phthalic Anhydride

     Phthalic anhydride (PA), colourless needle-shaped crystals, is the organic compound with the molecular formula C8H4O3. The primary demands for PA in the Russian market include the paint and coating industry and the production of plasticisers. The paint and coating industry tends to increase its PA consumption year by year. As of early 2008, all of the Ukrainian PA production facilities have been suspended. The feedstock challenge is one of the main problems faced by Ukrainian companies, which manufacture phthalic anhydride from o-xylene imported, mainly, from Russia. Belarus has only one producer and exporter of phthalic anhydride (A-grade) – Lakokraska JSC, located in the city of Lida. The company exports its product to Poland, Russia, and Ukraine. The Belorussian PA is also consumed by Bulgaria, Finland, Germany, Turkey, Hungary, China, and Thailand. The article will give you further details on the key PA market players, business environment, and an outlook for the future development.

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