Huntsman Corp. has signed a definitive agreement to acquire the business of Oxid L.P., a privately held manufacturer and marketer of specialty urethane polyols.
The increasing demand for efficiency and materials with superior structural properties are expected to drive the global microspheres market to $5.2 billion by 2018.
The construction of a 2-km high-pressure steam grid reportedly delivers the first part of a steam grid in the Rotterdam Botlek, which has now begun to supply the company with high-pressure steam generated from waste rather than fossil fuel.
The company expects to add 106 jobs over the next two years to the Houston Bay area.
July 1, 2013
Kuraray recently broke ground on its greenfield Kuraray Poval (polyvinyl alcohol) plant in La Porte, Texas. This new plant will reportedly add to Kuraray’s portfolio of manufacturing in the U.S., including ethylene vinyl alcohol (EVAL) and co-block thermoplastic elastomers (SEPTON). Kuraray’s Poval plant will have a production capacity of over 40,000 tons in its first phase.
Energy is a significant cost of production. As energy costs rise, it becomes more difficult to pass on the increases to customers in the price of products and services. Regardless of current energy costs and trends, however, an energy-efficient process is more competitive.
Several new low-volatile pure monomer resins with varying softening points have been developed in response to general demand for low-VOC raw materials.