30 March 2003 23:02 [Source: ICIS news]
SAN ANTONIO, Texas (CNI)--Dow Chemical and BASF could be ready to advance their joint venture plans for a commercial scale hydrogen peroxide to propylene oxide (HP-PO) plant within the next 12 months.
David Pashalidis, Dow business director for PO and propylene glycol (PG), indicated to CNI here on Sunday that a worldscale plant based on this new technology could be given the go-ahead this year or early in 2004.
He would not be drawn on the likely location of the plant, which would take about three years to build and is likely to be around 250 000 tonne/year capacity.
Dow and BASF announced last year that they had joined forces to develop and commercialise production PO from HP. At that time, they said a commercial plant could be onstream as early as 2006.
Pashalidis said new technology was one of the most important developments for the global PO market. The HP-PO process offers significant improvement in cost-effectiveness when compared to existing processes, and eliminates the production of styrene monomer (SM), which has been in oversuply in recent years.
Pashalidis was talking to CNI on the sidelines of the 28th annual International Petrochemicals Conference (IPC) here. Sponsored by the National Petrochemical & Refiners Association (NPRA), the IPC runs through Tuesday (1 April).
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