Chemical Processing
Lucite International Makes Progress on New MMA Unit for Texas
Lucite's plans for a grassroot MMA plant have been postponed until its new unit is operational and market conditions can support more capacity.
Released Monday, October 04, 2004
Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Lucite International Incorporated (Cordova, Tennessee), a subsidiary of Lucite International Limited (Southampton, England), will add a new MMA unit at its Nederland, Texas, plant. Aker Kvaerner has been selected to provide its licensed process technology for the 100,000-ton-per-year MMA unit addition. The new unit represents an estimated total investment value (TIV) of $75 million. Subcontractors for the project will be selected by the end of the year, and construction is planned for early next year.
Lucite's plans for a grassroot MMA plant in Nederland, Texas, have been postponed until its new unit is operational and market conditions can support more capacity. The grassroot plant had an estimated $150 million TIV.
See Related Article: World's Largest Methacrylate Producer Studies New MMA Processing Plant in Texas.
Lucite International is a global leader in production and supply of MMA and acrylic based resins. It is the only company that has production, research and development, sales and marketing locations in all three major regions, which include the Americas, Europe, and Asia. MMA is used in a vast array of products ranging from cell phone screens and kitchen and bathroom surfaces to domestic and industrial coatings. They polymerize easily and are very strong and durable to ensure longer lasting products.
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