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Markets :: Basic Chemicals :: Petrochemicals :: Phthalic anhydride
IG Petrochemicals Ups Phthalic Anhydride Capacity
12:31 PM MDT | May 6, 2008 | Chemical Week Editorial Staff
IG Petrochemicals (Mumbai) says it has received a $35-million financial package from the Netherlands Development Finance Co. (The Hague) toward a project to raise phthalic anhydride capacity at Taloja, India. The company will add a third 50,000-m.t./year phthalic anhydride line, which will raise its total to 160,000 m.t./year by the first quarter of 2010, Umang Dhanuka, head of marketing at IG, tells CW. The company uses BASF’s phthalic anhydride process. Most of the additional product will be exported to Europe, Dhanuka says. IG currently exports 30% of...
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