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Arkema to invest US$110 mln over 3 years in Acrylics chain

November 19/2010

(Plastemart) -- Arkema plans to invest US$110 mln over 3 years in its Acrylics sites in Clear Lake and Bayport, Texas. This plan will target acrylic acid and its esters, and will focus on growth opportunities seen for applications in water treatment, super absorbent polymers and enhanced oil & gas recovery.

This investment program is a step toward the companys ambition as the number 3 global supplier of Acrylics to grow its core strategic business while boosting its competitiveness.

The first project will focus on moving the Clear Lake site toward a best-in-class facility by improving the reliability and competitiveness of its Acrylic Acid assets. The combination of Arkema's industrial expertise and know-how in Acrylics, along with the latest advances in technology, will aggressively advance this project to start-up in early 2013, bringing the new rated nameplate capacity to 270,000 tons.

The second project for Clear Lake will be the construction of a 45,000 tons unit for the production of Methyl Acrylate, which will support growth opportunities in water treatment, elastomers and technical polymers. This unit is planned for startup in Q2-2013.


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