MOSCOW (MRC) -- Hexion plans to add 25,000 tonnes/year of epichlorohydrin (ECH) capacity at its Pernis site in the Netherlands, said the company.
The expansion, due to start up in late 2024, would utilise bio-based renewable feedstocks by leveraging glycerine-to-epichlorohydrin (GTE) production technology, supporting the reduction in overall energy intensity of ECH production at Pernis. The expected investment sum was not disclosed.
"This expansion will enable us to efficiently serve our customers as they grow and also positions the epoxy business to be further aligned with the longer-term sustainability trends going forward," said Ann Frederix, senior vice president, Coatings and Composites.
As per MRC, Hexion Holdings Corporation has announced that as a result of its ongoing strategic review it has entered into a definitive agreement to sell its epoxy-based Coatings and Composite businesses, which includes the epoxy speciality resins and base epoxy resins and intermediates product lines (together, the “Epoxy Business”) for approximately US1.2bn to Westlake Chemical Corporation.
As MRC reported before, earlier this year, Hexion Inc., a major American manufacturer of phenol and bisphenol A (BPA), has recently announced that in order to help address climate change, it has committed to reduce absolute carbon emissions by 20% by 2030.
Hexion Inc., formerly Momentive Specialty Chemicals Inc., is a chemical company based in Columbus, Ohio. It manufactures thermosetting resins and related technologies and specialty products. Hexion has two divisions: the epoxy, phenolic and coating resins division and the forest products division.
MRC