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World News and Views :: Projects
Huntsman Advances U.S. Maleic Anhydride Plant
1:22 PM MDT | July 25, 2007 | Robert Westervelt
Huntsman broke ground last week on its previously announced 100-million lb/year maleic anhydride (MA) plant at Geismar, LA (CW, March 15, p. 28). The investment is $125 million, and the facility will come online in fourth-quarter 2008, the company says. MA should continue to grow at a greater rate than GDP, Huntsman says. “Growth will continue in applications such as unsaturated polyester resins (UPR), butanediol and textiles,” says Huntsman CEO Peter Huntsman. Weakness in the new construction market is a concern, but Huntsman is optimistic that this...
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