16 April 2010 19:03 [Source: ICIS news]
The plant will serve customers that make engineered wood panels, such as particle board, interior-grade plywood and medium-density fibreboard, Hexion said. Those wood products are used, in turn, to make furniture.
Hexion subsidiary Hexion Quimica Industria e Comercio operates the plant, which has a capacity of 450,000 tonnes/year of UF resins, the company said.
The site also produces formaldehyde, with a capacity of 150,000 tonnes/year, the company said.
Hexion estimated that the construction costs were $60m (€44m), of which 35% was related to environmental protection or safety features.
($1 = €0.74)
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