NPRA ’11: Huntsman says energy efficiency good for chemical industry

29 March 2011 00:56  [Source: ICIS news]

SAN ANTONIO, Texas (ICIS)--The move to new energy efficient houses is good news for chemicals manufacturers, the chief executive of Huntsman said on Monday.

Speaking on the sidelines of the 36th annual International Petrochemical Conference (IPC), Peter Huntsman said that with energy prices not coming down for the foreseeable future, there will be continued high demand for insulation products.

“Just in the US housing market over the last two years we have seen polyurethane [PU] … more than double on a per home basis - that means more homes are using polyurethane insulation and MDI [methyl di-p-phenylene isocyanate] is replacing products like formaldehyde.”

Sponsored by the National Petrochemical & Refiners Association (NPRA), the IPC runs through Tuesday.

Paul Hodges studies key influencers shaping the chemical industry in Chemicals and the Economy


By: Brian Ford
+1 713 525 2653



AddThis Social Bookmark Button

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.

Printer Friendly

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