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Stepan to expand alkoxylation capacity in the USA

October 22/2021

MOSCOW (MRC) -- Stepan plans to invest USD220m to build a new alkoxylation plant at its site in Pasadena, Texas, said the company. 

The new plant will provide a flexible capacity of 75,000 tonnes/year, capable of both ethoxylation and propoxylation, and better position the company to serve growing global demand in its surfactant and polymer businesses, it said.

"We are excited to expand the alkoxylation capabilities of our North American network at the Pasadena site. This world-scale, state of the art investment will enable Stepan to support the growth in our core markets," said F. Quinn Stepan Jr., Chairman and Chief Executive Officer of Stepan.

The plant is expected to come online in late 2023. When operational it will bring Stepan's alkoxylation network to three plants and position the company with a footprint in the globally strategic US Gulf Coast, it added.

As MRC informed before, Stepan conducted planned maintenance at its 90,000 tonnes/year phthalic anhydride (PA) plant Millsdale, Illinois, US, from early October to end-October, 2020.

Phthalic anhydride is widely used in for the production of paints and varnishes and plasticizers for PVC products. In a small amount it is used in the manufacture of rubber products, tires. In addition, it is used in the light, pharmaceutical and electrical industries.

According to MRC's DatasScope report, last month's SPVC imports to the Ukrainian market decreased to 2,300 tonnes from 2,700 tonnes in August, Ukrainian companies reduced their shipments of polymer from the USA. Overall SPVC imports reached 20,800 tonnes in January-September 2021, compared to 26,800 tonnes a year earlier. Limited export quotas of European and North American producers were the main reason for such a major fall in imports.


mrcplast.com
Author:Anna Larionova
Tags:PVC, Phthalic Anhydride, Stepan Company, Russia, USA.
Category:General News
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