Huntsman expands TIO2 capacity in Spain, Malaysia
31 March 2000 17:13 [Source: ICIS news]
LONDON (CNI)--Plans to invest $35m (Euro36m) to increase titanium dioxide (TiO2) capacity at its plants in Spain and Malaysia were announced on Friday by privately-owned chemicals company Huntsman.
Its Huntsman Tioxide unit is to boost capacity at Huelva, Spain by 15 000 tonne to 90 000 tonne/year, and expand the Teluk Kalung, Malaysia plant's capacity by 6000 tonne to 56 000 tonne/year. Completion dates for the projects were not immediately available.
Investment in the expansion projects, which are underway at both sites, will total $35m.
It follows plans announced last year by Salt Lake City, Utah-headquartered Huntsman to modernise and expand its Greatham, UK plant where capacity is being increased to 100 000 tonne/year at a cost of $85m. This project involves the installation of another production line utilising Icon chloride technology.
Huntsman bought ICI's tioxide business last year and is one of the world's largest producers of TiO2 pigments, which are used mainly in the paint, plastics and paper industries.
Peter Huntsman, president and chief operating officer of Huntsman ICI Chemicals, said the latest expansion projects were part of an ongoing programme to upgrade and expand the Tioxide manufacturing facilities.
Doug Coombs, Huntsman Tioxide president added: "We have embarked on a multi-year plan to reduce costs, improve customer service and further enhance the quality of our product. This expansion is an important part of that programme. It strengthens our leading position in Europe and our Asian base, and better enables us to grow in other parts of the world."
By: Neil Sinclair
+44 20 8652 3214
< previous article(ICIS Podcast: Chemical News Central 2 November 2009)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
Links posted in this story:
|
|
Related Articles
- 20 Aug 02 14:34 Huntsman to complete Greatham, UK TiO2 expansion in Oct
- 28 Feb 00 00:00 TiO2 Market Strengthens As Price Increases Succeed
- 13 Dec 99 00:00 Huntsman reveals plans to invest in Teesside complex
- 07 Sep 00 11:37 Kvaerner wins $10m Huntsman Malaysia tioxide plant upgrade
- 11 Aug 00 20:38 Huntsman ICI Q2 profits rise 36% on MDI, MTBE
- 15 May 00 21:34 Huntsman ICI Q1 op profits rise 63.7% on MDI, C2
- 07 Apr 00 00:03 Huntsman makes equity investment in ChemConnect
- 05 Apr 00 08:27 Malaysian plastic product exports rose by 19.6% in '99
- 02 Apr 00 18:16 Huntsman sells packaging unit to managers for $1bn
- 22 Mar 00 18:36 Huntsman completes Louisiana MDI, PU products expansions
- 21 Mar 00 16:58 Huntsman puts PU, PO, PG, MTBE in new spec chem unit
- 12 Nov 99 21:15 Huntsman ICI Q3 op profits rise 235%
Latest News
- 28 Nov 09 18:18 Canadian rail strike threatens to disrupt chemical shipments
- 27 Nov 09 23:59 Europe Q4 PMMA rises €0.05/kg on margin recovery
- 27 Nov 09 23:59 Europe BdG, PMA falls on weak sentiment, improved availability
- 27 Nov 09 23:59 Europe November ACN settles at rollover to minus €5/tonne
- 27 Nov 09 23:59 Europe Q4 VAM settles at €40-50/tonne increase
Barbara Ortner looks at the off-beat and unusual side of chemical industry life.
ICIS Chemicals Confidential