11 May 2011 17:42 [Source: ICIS news]
Unigel plans to invest Brazilian reais (R) 70m ($43m, €30m) on the unit, which will produce 90,000 tonnes/year, the company said at the Brasilplast trade fair and conference.
The ABS unit is expected to start production at the end of 2012.
The new unit should reduce imports, which account for all of the ABS consumed in Brazil.
With the new unit, Unigel expects to invoice an additional R330m/year.
“The main feedstocks for production of ABS, styrene and acrylonitrile, are already being produced by the Unigel group in Brazil,” said Marcelo Calil Bianchi, styrenics business director for Unigel.
ABS is mainly used in automobiles and electronic products.
Brasilplast is a major fair for the plastics industry in South America, and is organised and promoted by Reed Exhibitions Alcantara Machado.
Brasilplast 2011 runs through the week of 9-13 May.
($1 = R1.61)
($1 = €0.69)
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