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Arkema Eyes Indian Acrylic Acid Venture

1:38 PM MDT | January 31, 2007 | DR

Arkema says it has agreed with Essar Chemicals (Mumbai) to study forming a 50-50 joint venture to manufacture acrylic acid and esters in India. “This will be the first acrylic acid plant to be built in India, and will serve the fast-growing acrylics market in this part of the world,” says Henri Dugert, president/acrylics at Arkema. “Its location will be ideal to supply Indian and Asian markets.” The jv would build a plant at Vadinar, India for completion by 2010. It would consume propylene made at a nearby refinery that was commissioned...

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