03 May 2011 19:59 [Source: ICIS news]
HOUSTON (ICIS)--Bayer MaterialScience plans to invest $120m (€80m) to upgrade methylene diphenyl diisocyanate (MDI), toluene diisocyanate (TDI) and polycarbonate production at its site in ?xml:namespace>
Bayer MaterialScience will invest in MDI environmental upgrades, reliability improvements and minor debottlenecking, it said.
For TDI, Bayer will invest in improved process technology, environmental upgrades, and energy efficiency and reliability improvements that will increase productivity.
Furthermore, Bayer plans to invest in reliability upgrades and quality improvements for advanced optical applications in its polycarbonate production at
“These comprehensive upgrades will support the growth we are anticipating in the NAFTA region,” said Greg Babe, president and CEO of Bayer Corporation and Bayer MaterialScience LLC.
The company did not disclose capacity details or timelines for completion of the work.
($1 = €0.67)
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