14 June 2011 22:56 [Source: ICIS news]
HOUSTON (ICIS)--Celanese plans to modify its Nanjing Chemical Industrial Park facility in China, allowing it to produce 200,000 tonnes/year of coal-based ethanol by mid 2013, the company said on Tuesday.
“This project acceleration allows us to begin industrial ethanol production significantly earlier than previously anticipated," according to a statement by David Weidman, chief executive.
The Nanjing modification project could begin producing ethanol six to 12 months earlier than the company's other coal-based ethanol projects in China, Celanese said.
Celanese plans to build up to two coal-to-ethanol plants in China, each with an initial capacity of about 400,000 tonnes/year. Ethanol production could start within 30 months after the projects receive approval.
Initial investments at each plant could be $300m (€207m), the company said.
Celanese also broke ground on a technology development unit for ethanol production in Clear Lake Texas, the company said. Operations at the facility should start by mid 2012.
Celanese is also planning to build a research and development (R&D) facility in Clear Lake, the company said. The facility will focus on acetyl and TCX technologies.
Industrial ethanol is used to make paints, coatings, inks and pharmaceuticals. Current demand for industrial ethanol in China is about 3m tonnes/year and is expected to grow by 8-10%/year.
($1 = €0.69)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections