US INVISTA considers $500m investment in Victoria, Texas facility

13 September 2013 11:52  [Source: ICIS news]

LONDON (ICIS)--INVISTA is considering building a new $500m (€375m) combined hydrogen and anhydrous ammonia manufacturing unit within the US-headquartered company’s nylon intermediates production facility in Victoria, Texas, it said on Friday.

The unit is projected to have a capacity to produce in excess of 400,000 tonnes/year of anhydrous ammonia.

In addition to anhydrous ammonia, the unit will produce hydrogen and steam, all of which INESTA uses as raw materials in its operations.

Construction is expected to take approximately 20 months, and pending final approvals, required permits and authorisations, the plant could be operational in 2017, the company said.

“While there is much to be done before the project receives final approvals, we are excited to be moving forward into the next phases of the proposed project,” said Paul Hughes, INVISTA Victoria site manager.

The group currently employs about 800 employees and resident contractors at its operations in Victoria. Once completed, the new unit is expected to employ 15 to 25 permanent employees to operate and maintain.

“The new, best-in-class, combined hydrogen-anhydrous ammonia unit is expected to rank among the world’s most efficient, using fewer natural resources and creating less waste,” said Steve Harvill, director of Victoria strategic projects.

By: Franco Capaldo
+44 (0)20 8652 3214

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