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Altivia acquires KMCO and its ethoxylation assets at Crosby, Texas

June 02/2020

MOSCOW (MRC) -- Altivia Oxide Chemicals (Houston, Texas), an affiliate of Altivia Petrochemicals, has announced that it has acquired KMCO and its associated chemical ethoxylation manufacturing assets at Crosby, Texas, reported Chemweek.

The facilities, located on 160 acres near Houston, include 31 reaction and distillation trains with capacity for ethylene and propylene oxide reactions as well as a broad range of organic reactions including polymerization, neutralization, and condensation.  Products include surfactants, lubricant additives, fuel additives, and a variety of ethoxylation and propoxylation based intermediates. Its products service the coatings, automotive, fuels and lubricants, and surfactant industries.
 
Altivia plans a USD25-million process safety and control systems upgrade to the facilities and will start production in two new oxide reactors by the end of this year. "The reaction chemistries in Crosby are complementary to Altivias current product offerings and will provide our customers important sourcing options," said Altivia CEO J. Michael Jusbasche. "The market for oxylation tolling and custom manufacturing services will now have available a state-of-the-art facility on the US Gulf Coast."

As MRC reported before, Altivia Ketones & Additives, LLC an affiliate of Altivia Petrochemicals, has acquired Dows Acetone Derivatives Business and associated chemical manufacturing assets at Institute, W.Va., as well as the Institute Industrial Park. Altivia successfully assumed operations and product distribution without delay on November 1, 2-19.

We also remind that Dow Chemical  began major maintenance on the LHC 1 cracker at Terneuzen, Netherlands  from 9 September, 2019. More than 1,500 extra employees from various external companies carried out maintenance works in the subsequent period.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 557,060 tonnes in the first three month of 2020, up by 7% year on year. High density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments rose because of the increased capacity utilisation at ZapSibNeftekhim. Demand for LDPE subsided. At the same time, PP shipments to the Russian market was 267,630 tonnes in January-March 2020, down 20% year on year. Homopolymer PP and PP block copolymers accounted for the main decrease in imports.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, acetone, LLDPE, PP block copolymer, homopolymer PP, propylene, LDPE, HDPE, ethylene, adhesives, Altivia, Dow, Netherlands, Rossiya, USA.
Category:General News
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