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People & Business :: Companies

BorsodChem May Idle TDI Plant

7:57 AM MDT | April 28, 2011 | Ian Young

BorsodChem (Kazincbarcika, Hungary) says it is reviewing operations at its smaller toluene diisocyanate (TDI) plant at Kazincbarcika, and that it may idle the unit temporarily when the company completes commissioning of a new TDI plant at the same site later this year. The company cites "the unfavorable raw material cost evolution" that is expected to "depress margins on TDI substantially in the foreseeable future." Commissioning of the new plant is due to start in June 2011 and the plant will be ready for start-up early in the third quarter...

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