Asahi Kasei address growing demand acrylonitrile

Asahi Kasei to address growing demand for acrylonitrile

4:06 PM, 8th June 2011
Asahi Kasei to address growing demand for acrylonitrile

TOKYO, JAPAN: Firm growth in acrylonitrile (AN) demand is forecasted worldwide, particularly in Asian markets such as Korea, Taiwan, and China. Keeping in lieu with this forecast, Asahi Kasei Chemicals plans to construct a new plant for AN in Korea as part of a strategic reinforcement of its AN business. The new plant, with capacity of 245,000 tons/year, will enable highly competitive production through the application of the company’s latest technology.

 

As the world’s second-largest AN supplier and the largest supplier in Asia, Asahi Kasei Chemicals is advancing a programme to further expand its AN business as an area of global growth. The company’s total AN production capacity now stands at 750,000 tons/year with 450,000 tons/year in Japan (300,000 tons/year in Mizushima and 150,000 tons/year in Kawasaki) and 300,000 tons/year in Korea. An additional plant of 200,000 tons/year is now being constructed in Thailand by PTT Asahi Chemical Co, Ltd —a joint venture between Asahi Kasei Chemicals, PTT Public Company Ltd and Marubeni Corp—with start-up scheduled for mid-2011. Construction of the new plant announced today will mark a significant step for Asahi Kasei Chemicals, raising its total AN supply capacity to nearly the largest in the world.

 

The new plant, located within Tong Suh Petrochemical’s Ulsan plant grounds upon completion will have a total capacity of 245,000 tons/year (Upon completion, total capacity will be 1,195,000 tons/year: 300,000 t/y in Mizushima, Japan; 150,000 t/y in Kawasaki, Japan; 545,000 t/y in Korea; and 200,000 t/y in Thailand). The groundbreaking is expected in May 2011 and start up in January 2013.

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