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Momentive narrows selection for forest product site

6:52 AM MDT | March 21, 2014

Momentive Specialty Chemicals has narrowed the potential location of its planned forest product facility in Brazil to the states of Rio Grande do Sul, Santa Catarina, and Parana, the company says. Momentive announced board approval of the project in November 2013. The company expects construction to begin during the second half of 2014 and to take 12–18 months. Momentive intends for facility to have sufficient resin and logistic infrastructure to support a 150,000-m.t./year formaldehyde plant that will supply Brazil’s growing panel industry. “We remain...

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