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Article: DSM and Ticona Plan PBT Plant In Europe to Start Up in 2003.(DSM Engineering Plastics)(Brief Article)
- Article from:
- Chemical Market Reporter
- Article date:
- May 15, 2000
- Author:
CopyrightCOPYRIGHT 2000 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Companies see strong growth for the high-tech plastic.
DSM AND TICONA, Celanese's technical polymers business, plan to set up a joint venture plant for polybutylene terephthalate (PBT) in Europe. Such a facility will virtually double their combined capacity for the engineering plastic.
Ticona and DSM Engineering Plastics have signed a memorandum of understanding to evaluate the feasibility of building the facility, but its location has not yet been chosen.
The plant, which has a target startup date of 2003, will have a capacity of 40,000 to 60,000 metric tons per year in a 50-50 joint venture, according to DSM.
At present, DSM has a ...