10 November 2000 08:41 [Source: ICIS news]
SINGAPORE (CNI)--BASF and Shell said on Friday that their upcoming styrene monomer/propylene oxide (SM/PO) joint venture here - which has been renamed Ellba Eastern Pte Ltd - is 25% complete. Work began in January.
In a statement, BASF and Shell said that up to now some 6000 piles have been driven and a total of 20 000 cubic metre of concrete poured. By end-October, the project had registered 2m man-hours without "lost time incidents", the statement said.
The project is scheduled for start-up in the second half (H2) of 2002, the statement added.
When completed, the plant will have capacities for 550 000 tonne/year of SM and 250 000 tonne/year of PO.
BASF will use the PO to produce polyols for Asia Pacific markets. Currently, BASF converts PO into polyols at its facility in Ulsan, South Korea, which it acquired in 1998 from Dongsung.
The Singapore plant will enable BASF to meet the bulk of its SM requirements in Asia Pacific.
As reported earlier Friday, Ellba Eastern is the new name of the former Basell Eastern.
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