07 January 2011 21:53 [Source: ICIS news]
HOUSTON (ICIS)--US soda ash producer FMC will restart its mothballed Granger line in Wyoming by 1 July in response to stronger export demand, the company said on Friday.
FMC has 1.3m ton/year (1.2m tonne/year) of nameplate capacity at Granger. The company said it would restart Granger production at a rate of 500,000 tons/year by 1 July to satisfy current demand.
FMC would than evaluate further production increases, it said.
“We expect the global demand for US soda ash to continue to increase for the foreseeable future,” said Ed Flynn, president of FMC Wyoming.
“The solution mining technology that FMC uses at Granger will allow FMC to cost effectively increase capacity in increments to meet export demand,” he added.
FMC temporarily suspended production at the Granger facility in 2009 because of reduced export demand brought on by the global economic recession, the company said.
But since then, US export markets have recovered much faster than the nation's domestic market, FMC said.
To that end, FMC expects US trade figures to reveal record soda ash exports for 2010.
The restart of the Granger line should increase employment by about 80 people, FMC said.
FMC and General Chemical Industrial Products are the primary US soda ash suppliers.
For more on FMC visit ICIS company 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 |