6 November 2013,
Details
Solvay announces today that
it will build and operate a large-scale alkoxylation unit
in Pasadena, Texas, USA,
at integrated industrial facility of
LyondellBasell's Equistar Chemicals Affiliate,
in order to serve a growing North American market.
Thanks to its presence on LyondellBasell's site,
Solvay can benefit from
* an existing, competitive industrial footprint and assets
* as well as access to road, rail and navigable shipping transport
to key customers and suppliers.
Equistar will supply the ethylene oxide raw material to the unit,
in which Solvay will invest nearly EURO 40 million and
is expected to be operational in 2015.
Alkoxylates are used as
* emulsifiers, detergents and wetting agents and are
* the chemical foundation for
a wide range of Solvay Novecare Specialty Surfactants.
The on-pipe unit will ensure
greater security of alkoxylate supply
for North American customers.
Following completion, it will bring to
8 Novecare's global alkoxylation plants.
This investment follows Solvay's announcement in April that
it will build an on-pipe alkoxyaltion facility in Singapore.
Solvay Novecare,
Emmanuel Butstraen, President
- This is the latest in a series of strategic investments
we have made to
deploy capacity and product development assets
to serve our customers in dynamic market segments.
- Spurred by
* a rebounding housing market and
* a dynamic manufacturing sector,
the new facility will enable us to help our North American customers
meet growing business opportunities in many markets.
LyondellBasell,
Pat Quarles,
Senior Vice President of Intermediates and Derivatives
- We are pleased to see a strategic customer such as
Solvay Novecare
expand into the Bayport Industrial District.
- Co-locating the Solvay Novecare facility at our Bayport site
and linking to our ethylene oxide unit by pipeline
offers new opportunities and benefits for each of
our companies to grow our businesses.
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