Methylene Diphenyl Diisocyanate Huntsville Invests Millions in MDI Production
Editor: Dominik Stephan
Huntsville invests a three-digits million dollar sum in its MDI production in the US and Europe. With additional capacities that are planned to go on–stream by 2014, the company plans to strengthen both up- and downstream business units.
Following the gas: The outlooks on America's gas markets have attracted new investments in the states.
(Source: EIA)
Geismar, Louisiana/USA – American chemicals company Huntsman is investing US $ 135 million to upgrade its methylene diphenyl diisocyanate (MDI) manufacturing facilities in Geismar, US, and Rotterdam, Netherlands.
The US $ 78m investment at the Geismar facility shall help to increase MDI capacity from 50 kilotons to 500 kilotons. The remaining US $ 57 million will be used at the Rotterdam facility for commissioning a new MDI splitter and an additional downstream specialties manufacturing unit for differentiated polyurethane products.
Profiting from the Shale Gas Boom
The new capacity at Geismar is expected to come on-stream in 2014. Huntsman Polyurethanes president Anthony Hankins said the Geismar investment enables the company to strengthen its upstream cost leadership position, while the Rotterdam investment will help provide downstream, customised products.” In Louisiana, the company can leverage the advantages of a strong logistics base and excellent integration, as well as a proximity to the US gas market
"The benefits of US shale gas have significantly improved the economics of investing in US facilities and Huntsman has a number of other investments planned which will take advantage of lower cost natural gas," Hankins added. "In making these investments, Huntsman has benefited from the support of the Louisiana Economic Development and Ascension Parish Economic Development in the US, and the national government in the Netherlands."
Unfold for details of your consent
Stand vom 23.03.2021
Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.
Consent to the use of data for promotional purposes
I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here
Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.
In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.
Right of revocation
I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.