08 December 2010 13:51 [Source: ICIS news]
The company invested $90m (€67.5m) in the new HEC facility, which started up on 4 November, said John Panichella, president of
The investment is
The facility, located at the
“We are now planning the construction of the second plant, which also will have a capacity of 10,000 tonnes/year,” said an
“But the actual date has not been confirmed; it will depend on the market situation,” he added.
HEC, a cellulose polymer, is a gelling and thickening agent that has a range of applications, including shampoos and gels as well as latex paint.
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