25 March 2003 00:36 [Source: ICIS news]
SINGAPORE (CNI)--China's Ministry of Foreign Trade and Economic Co-operation (Moftec) has awarded business licences for Bayer's proposed polyether polyols, 230 000 tonne/year methyl di-p-phenylene isocyanate (MDI) and 150 000 tonne/year toluene di-p-phenylene isocyanate (TDI) projects in China, according to a company spokesman.
The facilities are to be built at Bayer's $3.1bn (Euro2.9bn) complex at the Shanghai Chemical Industry Park (SCIP) in Caojing, Shanghai, China.
The spokesman declined to give details about the capacity and startup of the polyether polyols plant as details on the project are still being worked out. However, it is understood the plant will have a capacity of 280 000 tonne/year and startup will be in 2005 together with the MDI/TDI unit.
China's State Development Planning Commission approved the MDI/TDI and polyether polyols projects in August last year.
The spokesman declined to give details about the styrene monomer-propylene oxide (SM-PO), acrylonitrile butadiene styrene (ABS) and styrene butadiene rubber (SBR) projects which Bayer is also considering building at the SCIP complex.
Bayer has already started the groundwork for a 200 000
tonne/year polycarbonate (PC) unit and a 200 000 tonne/year
bisphenol-A (BPA) facility at the SCIP. These are due onstream in
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