11 July 2011 12:50 [Source: ICIS news]
LONDON (ICIS)--BorsodChem has put its new 160,000 tonne/year toluene di-isocyanate (TDI)-2 plant into trial operation, the Hungarian isocyanates producer said on Monday.
The capacity of the TDI plant at Kazincbarcika, northern ?xml:namespace>
Upon the successful completion of the trial period – expected to last about two months – the new plant would bring BorsodChem's overall TDI capacity to 250,000 tonnes/year, positioning the firm as
“The new plant, which utilises BorsodChem’s proprietary state-of-the-art technology, will operate considerably more efficiently than the existing [90,000 tonne/year] TDI-1 plant,” the company said in a press release.
“Due to the current unfavourable cost evolution of input materials, however, it is expected that the new plant will run at full capacity only at a later stage,” it added.
In June, BorsodChem CEO Wolfgang Buchele warned that
BorsodChem would consider idling its TDI-1 facility for an indefinite period, following the launch of TDI-2, he added.
Until the February takeover of BorsodChem by
Erste Group Bank analysts have noted that TDI-2 poses a competitive threat to the smaller-scale 80,000 tonne/year TDI facility run by Zachem, a Polish subsidiary of the Ciech group.
For more on TDI visit ICIS chemical intelligence
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|
Asian Chemical Connections