11 August 2011 21:22 [Source: ICIS news]
HOUSTON (ICIS)--US-based TPC Group plans to have restart an idled dehydrogenation unit to produce isobutylene by the first quarter of 2014, the company said on Thursday.
“We have received our operating permit and completed primary engineering on this project and are proceeding now with detailed engineering and initial construction and refurbishing,” chief executive Mike McConnell said during the company's second-quarter earnings call.
Once complete the plant will have a capacity of 292,500 tonnes/year of isobutylene.
Meanwhile, the company’s recently announced project to restart another idled dehydrogenation unit to produce butadiene (BD) through its Oxo-D technology will have the capacity to expand beyond the initial rate of 600m lb/year (272,000 tonnes/year) of BD.
McConnell said the Houston plant will expand as needed in additional phases as the market grows.
“We project a substantial and growing gap between supply and demand well into the future based on very modest growth assumptions,” McConnell said of BD supply. “North America is net short now and that gap is expected to increase as well.”
Detailed engineering for the project should be complete by the end of the first quarter of 2012, the company said.
For more on BD visit ICIS chemical intelligence
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