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Ascend gets incentive package for Decatur adiponitrile expansion

February 13/2020

MOSCOW (MRC) -- Ascend Performance Materials (Houston, Texas) says it has recently finalized an agreement with the state of Alabama on economic incentives for a planned USD175 million adiponitrile expansion at Decatur, Alabama, according to Chemweek.

The agreement, which satisfies a condition stipulated by Ascends board of directors when it approved the project, allows the company to begin construction during the second quarter of 2020.

Ascend expects to complete the project in late 2021.

As MRC wrote previously, in May 2016, Ascend Performance Materials said it had put plans to build a propane dehydrogenation (PDH) plant on hold because of market conditions. The two-train project at Chocolate Bayou, TX, with a combined capacity of more than 1 million m.t./year of propylene, was expected to become the largest such facility in the United States and cost an estimated USD1.2 billion. It has already been delayed once from the original onstream date of 2016 to mid-2019. Ascend is expected to use the UOP Oleflex PDH technology. 

Propylene is the main feedstock for the production of polypropylene (PP).

According to MRC's ScanPlast report, the estimated PP consumption in the Russian market was 1,260,400 tonnes in January-December 2019, up by 4% year on year. Supply of almost all grades of propylene polymers increased, except for statistical copolymers of propylene (PP random copolymers).

Ascend Performance Materials is a global leader in the production of Nylon 6,6.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PP random copolymer, propylene, compounding, poliamid, Ascend Performance Materials, Polyamide PA66, Russia, USA.
Category:General News
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