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Evonik scraps HPPO jv

3:49 PM MST | December 3, 2012

Evonik Industries tells CW that the company has abandoned negotiations with Gujarat Alkalies and Chemicals Ltd. (GACL; Vadodara, India) for a previously announced hydrogen peroxide–to–propylene oxide (HPPO) project at Dahej, India. Evonik and GACL signed a memorandum of understanding (MOU) in January 2011, under which Evonik planned to build a hydrogen peroxide plant and GACL planned to build a propylene oxide (PO) plant. The companies aimed to produce PO using HPPO technology developed jointly by Evonik and Uhde. However, during negotiations that followed...

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