20 August 2013 14:19 [Source: ICIS news]
HOUSTON (ICIS)--Toray Plastics will build a cogeneration power plant at its US production site in ?xml:namespace>
The new $22.7m (€17.0m) power plant, expected to be operational by March 2014, will be dedicated to supplying power for Toray’s polypropylene (PP) film division and other facilities at the site, it said.
Cogeneration power systems allow producers to operate off the grid, thus preventing electrical power outages that can occur with conventional power plants, Toray said. The new unit would enable Toray to sustain production even during severe weather events such as last year's Hurricane Sandy, it added.
Toray said that the new plant would “dramatically reduce” its demand on the grid at nearby communities, and it would also reduce its annual carbon dioxide (CO2) emissions at the site.
($1 = €0.75)
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