Carbon Black Feedstock Markets - platts.com · Carbon Black Feedstock Markets Vincent J. Guercio...
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Transcript of Carbon Black Feedstock Markets - platts.com · Carbon Black Feedstock Markets Vincent J. Guercio...
Carbon Black Feedstock
Markets
Vincent J. Guercio
CTC International
2011 Platts Bunker & Residual Fuel Oil Conference
June 2011 - Houston
I n t r o d u c t i o n
Carbon Black Oil - CBO
Carbon Black Feedstock - CBFS
----------------------------
Slurry Oil
Decant Oil
Clarified Oil
T o p i c s
Carbon Black - Use & Production
CBFS Types
Slurry CBFS Requirements
World CBFS Usage
US Feedstock Market
Reinforces & extends rubber
20-30 Grades produced
70% Tires - Tread & carcass
25 lb Passenger tire - 6 lb CB
22% Rubber goods - Hose, belt, etc
8% Specialty - Pigment, ink, etc
Carbon Black Market
CB Capacity History by Country
China
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
11000
12000
13000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Kilo
ton
s
USA
Japan
India
Egypt
Other
Germany
Thailand
RussiaKorea
Brazil
Egypt
Other
GermanyEgypt
Other
Thailand
GermanyEgypt
Other
BrazilThailand
GermanyEgypt
Other
Korea
BrazilThailand
GermanyEgypt
Other
Korea
BrazilThailand
GermanyEgypt
Other
Russia
BrazilThailand
GermanyEgypt
Other
Russia
BrazilThailand
GermanyEgypt
Other
India
Russia
BrazilThailand
GermanyEgypt
Other
USA
India
Russia
BrazilThailand
GermanyEgypt
Other
China
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
10000
11000
12000
13000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Kilo
ton
s
USA
India
Russia
BrazilThailand
GermanyEgypt
Other
Japan
Korea
Carbon Black Producers
World(13795 KTPY Total)
Tec
hugl
erod
OtherT
okai
Huadong
Evonik
Columbian
Cabot
CSRC
Birla
Bla
ck C
at R
ich
ard
so
n
PC
BL
Key CBO Properties
Aromaticity
Sulfur Content
Contaminants
Solvent Insolubles
Handling Properties
Heavy Aromatic Oils
used as CBFS
FCC Decant Oils - DO
Cracked Ethylene Tar - ET
Coal Tar Oils - CT
All are byproducts:
Gasoline, Petrochemicals & Steel
Slurry CBFS Requirements
BMCI 120 min
API 2 max
Specific Gravity 1.06 min
Sulfur 0.5-4.0 wt% max
Ash 0.05-0.07 wt% max
Sodium 10 wt ppm max
Potassium 1 wt ppm max
Pentane-Insolubles 7 wt% max
Water 0.2 wt% max
Viscosity SUS @ 210 F 100 sec max
Flash 180 F min
AROMATICITY
BMCI 120 min
API 2 max
Specific Gravity 1.06 min
Sulfur 0.5-4.0 wt% max
Ash 0.05-0.07 wt% max
Sodium 10 wt ppm max
Potassium 1 wt ppm max
Pentane-Insolubles 7 wt% max
Water 0.2 wt% max
Viscosity SUS @ 210 F 100 sec max
Flash 180 F min
SULFUR CONTENT
BMCI 120 min
API 2 max
Specific Gravity 1.06 min
Sulfur 0.5-4.0 wt% max
Ash 0.05-0.07 wt% max
Sodium 10 wt ppm max
Potassium 1 wt ppm max
Pentane-Insolubles 7 wt% max
Water 0.2 wt% max
Viscosity SUS @ 210 F 100 sec max
Flash 180 F min
CONTAMINANTS
BMCI 120 min
API 2 max
Specific Gravity 1.06 min
Sulfur 0.5-4.0 wt% max
Ash 0.05-0.07 wt% max
Sodium 10 wt ppm max
Potassium 1 wt ppm max
Pentane-Insolubles 7 wt% max
Water 0.2 wt% max
Viscosity SUS @ 210 F 100 sec max
Flash 180 F min
SOLVENT INSOLUBLES
BMCI 120 min
API 2 max
Specific Gravity 1.06 min
Sulfur 0.5-4.0 wt% max
Ash 0.05-0.07 wt% max
Sodium 10 wt ppm max
Potassium 1 wt ppm max
Pentane-Insolubles 7 wt% max
Water 0.2 wt% max
Viscosity SUS @ 210 F 100 sec max
Flash 180 F min
HANDLING PROPERTIES
BMCI 120 min
API 2 max
Specific Gravity 1.06 min
Sulfur 0.5-4.0 wt% max
Ash 0.05-0.07 wt% max
Sodium 10 wt ppm max
Potassium 1 wt ppm max
Pentane-Insolubles 7 wt% max
Water 0.2 wt% max
Viscosity SUS @ 210 F 100 sec max
Flash 180 F min
Local Decant
13%
Coal Tar
40%US Decant
31%
Ethylene Tar
16%
World CBFS Types
Demand
USA
Northeast
Asia
China
South Asia
Other
Americas
Europe
Rest of
World
Supply
USA
Northeast
Asia
ChinaSouth Asia
Europe
Other
Americas
Rest of
World
World CBO Supply/Demand(17 million Tons Total)
2009(17 million Tons Total)
Local Decant
2328
Coal Tar
6116
US Decant
5952
Ethylene Tar
2457
2004(14 million Tons Total)
Local Decant
2229
Coal Tar
3566
US Decant
5735Ethylene Tar
2496
World CBFS Types
USA Slurry Consumption
Neat Fuel
Exports
Blended
Fuel &
Refinery Use
NCFS
CBFS Exports
Domestic
CBFS
US CBO Demand
Domestic
Demand
Export
Demand
0
1000
2000
3000
4000
5000
6000
7000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Kilo
ton
s
CBO Export Destination
South Asia
North Asia
Europe
Americas +
Africa + ME
0
500
1000
1500
2000
2500
3000
3500
4000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Kil
oto
ns
CBO Export Source
Gulf Coast
West Coast
Great Lakes
0
500
1000
1500
2000
2500
3000
3500
4000
2000 2001 2002 2003 2004 2005 2006 2007 2007 2008 2009 2010
Kil
oto
ns
Gulf Coast CBO Exports
South Asia
North Asia
Europe
Americas
+Africa+ME
0
500
1000
1500
2000
2500
3000
3500
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Kilo
ton
s
2010 U.S CB Exporters
Enjet
Glencore
Tauber
Marubeni
Chevron
Consumers of US CBO Exports
OtherTokai
Asahi/BS
Columbian
PCBL
Birla
Cabot
Evonik
U.S. CBO Export Destinations
Egypt
Other
Italy
India
Korea
Thailand
Thank you!