NORTH AMERICA COMMODITY CHEMICALS MARKET ANALYSIS

North America Commodity Chemicals Market, By Product (Ester, Ether, Amine, Alcohol, Aliphatic Hydrocarbon, Aromatic Hydrocarbon, Chlorinated Solvents, Fatty Chemicals, and Others), By End-Use Industry (Plastics & Rubber, Electronics & IT, Food & Beverages, Pharmaceuticals & Personal Care, Building & Construction, Automotive, Agriculture, Mining, Oil & Gas, and Others)

On December 9, 2020, BASF announced a price increase for certain polyetheramine products in the U.S. and Canada, effective January 1, 2021, or as allowed by existing contracts. BASF’s amine products are featured in many applications as highly efficient curing agents and used in various segments including coatings and sealing compounds, for use in wind energy and electrical industries, as well as in composites, adhesives and flooring. BASF operates in multiple sectors, serving industries such as automotive, construction, agriculture, and consumer goods. The company emphasizes innovation and sustainability, aiming to develop solutions that meet the needs of its customers while minimizing environmental impact.
In November 2020, Cabot Corporation announced carbon black capacity expansion in Cilegon, Indonesia by adding approximately 80,000 metric tons per year of additional production capacity. This is expected to be completed in 2021. Cabot focuses on providing high-quality products in areas such as carbon blacks, specialty chemicals, and advanced materials. The company serves various industries, including automotive, electronics, and energy, with a strong emphasis on innovation and sustainability.