05 April 2012 16:02 [Source: ICIS news]
HOUSTON (ICIS)--US Huntsman announced on Thursday it will increase its ethylene oxide (EO) capacity by more than 113,000 tonnes at its Port Neches plant in Texas.
ICIS first learned of the capacity increase on 3 April during the International Petrochemical Conference (IPC) in San Antonio.
Huntsman said capacity at the plant will increase by 250m lb/year (113,399 tonnes/year). The plant currently has a capacity of 1bn lb/year (453,597 tonnes/year).
Chief executive Peter Huntsmen told ICIS on Tuesday the company is looking to take advantage of low natural gas and natural gas liquids costs in North America.
He said the EO will be used to produce amines and surfactants.
The additional capacity will also satisfy future customer needs, said Janice Latz, vice president of operations for Huntsman’s performance products division.
“The Port Neches EO reactor will enable us to utilise currently untapped derivative capacity within our assets and meet future needs to match our customers’ growth,” she said.
Additional reporting by Brian Ford
($1 = €0.76)
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