29 March 2010 17:35 [Source: ICIS news]
SAN ANTONIO, Texas (ICIS news)--The costs for producing on-purpose butadiene (BD) remain prohibitive for the TPC Group, even though it has the technology to develop such a facility, the company said on Monday.
Along with several consultancies, TPC Group expected BD to remain short in the foreseeable future due to shortages in feedstock crude C4, said Charles Shaver, TPC Group's CEO.
Shaver made his comments on the sidelines of the International Petrochemical Conference (IPC), held by the National Petrochemical & Refiners Association (NPRA).
While crude C4 would remain short, the economics still go against on-purpose BD production since the process was energy intensive, Shaver said.
He estimated that the energy requirements for on-purpose BD were 10-fold those for traditional BD production.
Likewise, TPC had no plans to produce on-purpose butene-1, which was also in short supply.
If on-purpose BD was ever produced by any company, it would likely be in the ?xml:namespace>
TPC is a major producer of butadiene (BD), but it also produces fuel products, lubricant additives, plastics and surfactants.
The Houston-based company in late January changed its name to TPC Group from Texas Petrochemicals, saying the new title reflected the increasing breadth and scope of its product lines and services.
The IPC continues through Tuesday.
For more on BD visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections