SABIC invests to upgrade Mount Vernon, Indiana site

03 December 2013 15:51 Source:ICIS News

LONNDON (ICIS)--SABIC’s Innovative Plastics business unit on Tuesday announced two investments to improve the competitiveness of its largest US manufacturing site at Mount Vernon, Indiana.

The first investment is for the construction of a cogeneration (cogen) plant that will use natural gas to create most of the steam for the site. Currently, coal boilers power 40% of the site’s steam.

The cogen plant is expected to reduce the site's greenhouse gas intensity while improving energy efficiency, SABIC said.

In the second investment at Mount Vernon, SABIC will install new technology that will “streamline the efficiency of the chemical production process,” it said.

SABIC said that the investments would result in up to 200 temporary construction jobs over two and a half years. It did not disclose how much money it expects to invest.

The company has about 1,200 employees at Mount Vernon.

By Stefan Baumgarten