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Huntsman and Sinopec form jv to build PO-MTBE facility

6:24 AM MST | November 16, 2012

Huntsman Corp. says it has entered into a joint venture agreement with Sinopec Jinling (Nanjing, China), a subsidiary of Sinopec, to build a propylene oxide–methyl tert -butyl ether (PO-MTBE) facility at Nanjing, China. The jv, Nanjing Jinling Huntsman New Materials, will build and operate a world-scale PO-MTBE facility that will produce 550 million lbs/year of PO and 1.6 billion lbs/year of MTBE at a capital cost of about $750 million. The facility is expected to be completed by the end of 2014 and will utilize Huntsman’s proprietary PO-MTBE manufacturing...

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