Novapex Proceeds with IPA Plant in France

Novapex, a Novacap Group (Lyon, France) subsidiary, says it will proceed with previously announced plans to build a 40,000-m.t./year isopropyl alcohol (IPA) plant at Roussillon, France (CW, Nov. 7, 2007, p. 15). The plant will start up at the end of 2009 and supply the merchant market, says managing director Gilles Grenier. It will consume purified acetone produced at Novapex’s phenol plant at the site and use Mitsui Chemicals technology. Novacap is majority owned by private equity firm Bain Capital and comprises the former hydrochloric acid, phenol, and...

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