24 April 2014
Details
Lion Completes EPDM Expansion Study
Lion Copolymer, Geismar, LLC (“Lion”)
has recently completed
a detailed engineering study for
an additional 60,000-80,000 metric tons per year
EPDM manufacturing line,
to be located at the current Geismar Louisiana site
and complementing Lion's existing
four EPDM polymerization units.
The new EPDM line will bring
the site's nameplate capacity to
more than 200,000 metric tons per year and
will utilize existing infrastructure.
Lion already expanded its EPDM capacity
by 35,000 metric tons per year
since acquiring the site in 2007.
In addition to expanding production capacities
and capabilities, Lion is exploring options
to strengthen its position in key raw materials,
including co-investing in new ethane cracker capacities.
Jesse Zeringue, President of Lion Copolymer said
“U.S. Gulf Coast raw material cost advantages and
the proven performance of Royalene® EPDM
in the global marketplace are key drivers
in the decision to review expansion options.
Our decision to divest the SBR business will allow us
to focus our efforts on growing the EPDM business and
explore new strategic opportunities.”
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