Michel Baumassy - CST and CTO: Global Overview and Trends - Chinese Version
The Talloil and Crude Sulphate Turpentine industries are more than 100 year old sustainable and non-subsidized industries. Around 2 Million tonnes of Crude Talloil (CTO) and 200 000 T CST are produced annually, from the 44 Million tonnes of Softwood Kraft pulp . Ongoing Investments in pulpmills to follow the increasing demand of packaging materials and tissue/hygiene products will bring additional volume of CTO and CST and participate to the growth of the Pine derived chemicals market. CST production is now exceeding the volume of gum turpentine. Rosin acids and fatty acids are the most valuable constituents of the CTO plus Tall oil pitch, a bio-fuel . 450 000 tonnes of Tall Oil Rosin , 460 000 T of Talloil fatty acids will be produced in 2018. Rosin derivatives are facing fierce competition from hydrocarbon resins which are gaining market shares . The Pine derived chemical market is growing 4 to 5% per year at a higher rate than the average GDP growth. Asia will have the fastest growth and will drive the demand. Growing environmental concerns will favour the demand for Pine chemicals relying on a sustainable value chain.