Chemical Processing
Fortron Industries has Begun Three Phase Global PPS Expansion
Celanese's market focus consists of four main market areas, including chemical products, acetate products, technical polymers, and performance products.
Released Tuesday, November 30, 2004
Researched by Industrialinfo.com (Industrial Information Resources, Incorporated Houston, Texas). Fortron Industries (Florence, Kentucky), a subsidiary of Celanese Corporation (OTC:CZLNF)(Dallas, Texas) and Kureha Chemicals Industries (Tokyo, Japan), has begun phase-one of its three-phase PPS (polyphenylene sulfide) global expansion. Phase-one has an estimated total investment value (TIV) of $8 million and began in October 2004 at its Wilmington, North Carolina, plant. The first phase consists of expanding PPS capacity by approximately 10%. Approvals for both phase one and two have been granted. Phase-one is scheduled to be completed in late 2005, and phase-two will begin construction immediately thereafter. The TIV for phase-two will be double that of phase-one. Phase-two will increase capacity of PPS by an estimated 20% and is scheduled to be online by 2006.
Celanese's market focus consists of four main market areas, including chemical products, acetate products, technical polymers, and performance products.
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