21 March 2013 20:36 [Source: ICIS news]
HOUSTON (ICIS)--US-based Huntsman is investing $135m (€104m) into its world-scale methyl di-p-phenylene isocyanate (MDI) production facilities in ?xml:namespace>
Capacity will be increased at the Geismar facility by more than 11% to 500,000 tonnes/year from 450,000 tonnes/year using improved process technology, Huntsman said in a press release.
The expansion, expected to come on line in 2014, would leverage the site’s shale gas feedstock advantage, logistics base and integration, the company said.
The unit, designed to handle globally sourced MDI precursor, will be operational by the end of March, Huntsman said.
"The Geismar investment enables us to strengthen our upstream cost leadership position, while the
($1 = €0.77)
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