Polymer producer SNF widens search for US plant site

27 May 2009 16:56  [Source: ICIS news]

HOUSTON (ICIS news)--Water-soluble-polymer producer SNF is widening its search for a US plant site, as it is no longer exclusively considering property near Plaquemine, Louisiana, a source close to the company said on Wednesday.

Instead, the company is examining other sites besides the Plaquemine site, on which SNF has options for as many as 800 acres (324 ha), the source said.

Market sources said other potential plant sites in Texas and Alabama are also under consideration.

Although SNF did not reveal other information about the project or its timetable, a source said the plant will consume glacial acrylic acid.

Market sources have suggested the plant will produce polymers used in enhanced oil-recovery operations. While the company would not confirm that information, it did not dispute general estimates that the project could create as many as 250 construction jobs and 600 permanent positions.

SNF, a subsidiary of France-based SNF Floerger, produces mainly water-soluble polymers used in municipal waste, industrial waste and wastewater treatment facilities around the world.

($1 = €0.71)

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By: Larry Terry
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