MOSCOW (MRC) -- Formosa Plastics Corporation, U.S.A. will build a new, state-of- the-art polypropylene (PP) production line at its Point Comfort, Texas site, reported Plastemart.
This will be the first new PP production to be built in the US in many years. It continues the company’s longstanding commitments to its customers, its employees and the communities in which it operates.
The project team has been assigned, detailed engineering design is proceeding and applications for environmental permits are being prepared for submittal. No details on the plant’s investment, capacity, technology, construction or anticipated completion/startup are being released.
As MRC informed previously, in August 2014, The US Environmental Protection Agency (EPA) issued three final GHG Prevention of Significant Deterioration construction permits for the Formosa Plastics facility in Point Comfort, Texas.
Formosa is expanding its chemical complex, located near Victoria, and taking three actions with its turbines unit, olefins unit and low-density polyethylene (LDPE) unit. According to the olefins GHG permit, a new ethane cracker and propane dehydrogenation (PDH) unit will have a combined capacity of 1.75 million tpy of "high-purity ethylene product".
Formosa Petrochemical is involved primarily in the business of refining crude oil, selling refined petroleum products and producing and selling olefins (including ethylene, propylene, butadiene and BTX) from its naphtha cracking operations. Formosa Petrochemical is also the largest olefins producer in Taiwan and its olefins products are mostly sold to companies within the Formosa Group. Among the company's chemical products are paraxylene (PX), phenyl ethylene, acetone and pure terephthalic acid (PTA). The company's plastic products include acrylonitrile butadiene styrene (ABS) resins, polystyrene (PS), polypropylene (PP) and panlite (PC).
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