MOSCOW (MRC) -- Nippon Shokubai Indonesian (NSI), a subsidiary of Nippon Shokubai, has received board approval to go ahead with a project to increase acrylic acid (AA) capacity at its site in Cilegon, Banten, Indonesia, as per Apic-online.
"In recent years, the demand and supply balance of AA is highly tight, especially in Asia," Nippon Shokubai noted. "To accommodate the demand and fulfill its duty to supply products, Nippon Shokubai has studied a further expansion of AA."
As a result of the study, it has decided to invest approximately USD200-million in the construction of a new 100,000-t/y AA plant at the NSI site. Mechanical completion is scheduled for March 2021 with commercial operations planned to begin in November 2021.
The new AA unit will increase Nippon Shokubai's global AA production capacity to 980,000 t/y and ensure a more stable supply. The NSI site currently has 140,000 t/y of AA capacity.
As MRC reported earlier, on 10 November, 2015, Nippon Shokubai Co announced that Nippon Shokubai Europe, a subsidiary in Belgium, had held a groundbreaking ceremony for new superabsorbent polymer (SAP) plant and acrylic acid (AA) plant in its plant site in Antwerp, Belgium.
Nippon Shokubai Europe N.V. manufactures chemical products. The Company offers a wide range of superabsorbent polymers such as acrylic acids and polyacrylates for diverse applications. Nippon Shokubai Europe conducts business worldwide.
MRC