Borealis close two melamine low pressure plants in Austria

Borealis to close two melamine low pressure plants in Austria

11:07 AM, 23rd June 2011
Borealis to close two melamine low pressure plants in Austria
Markku Korvenranta, Executive VP, Base Chemicals, Borealis.

LINZ, AUSTRIA: Borealis has decided to shut down two melamine low pressure plants with an overall capacity of 30 kilo ton (kt) per year at its site in Linz, Austria. The 10 kt production plant was decommissioned already in January 2010, whilst the second plant with a capacity of 20 kt will follow on June 27.

Continuous investments to improve the efficiency of the state-of-the-art melamine high pressure plants are made within the scope of the EUR 145 million investment project for the production site in Linz. These measures sustainably compensate a large portion of the capacity closure by introducing modern technology. The decision process has been accelerated due to the need for major investments in the melamine low pressure plants, as such investments in low pressure technologies do not pay off in Europe. Borealis will continue to supply its customers with the same reliability and quality as before from its sites in Linz, Austria and Piesteritz, Germany.

“This decision is a major milestone on our mission to improve our competitiveness in a global business environment,” explained Markku Korvenranta, Executive VP, Base Chemicals, Borealis.

(C) WOC News

 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


K+S sells Compo to private equity firm, Triton

KASSEL, GERMANY: K+S Aktiengesellschaft will sell its garden fertiliser unit Compo to the European private equity investor Triton. The effective econo ...

Read more
Origin Enterprises acquires fertilizer company in UK

DUBLIN, IRELAND: Origin Enterprises Plc will acquire CM Fertilisers Ltd, the fertiliser activities of Carrs Milling Industries. Origin will acqui ...

Read more
Praxair to supply hydrogen to Motiva Louisiana refinery

  DANBURY, US: Reinforcing its strategy to meet growing customer demand in the Mississippi River corridor, Praxair Inc has signed a long term su ...

Read more
Exxon Mobil delays start of 1 mln tpy Singapore ethylene unit to 2012

SINGAPORE: Exxon Mobil Corp will delay the start-up of its 1 million ton-per-year (tpy) ethylene cracker on Jurong Island in Singapore into next year ...

Read more
Combining technologies to make biorenewable fuels and products

AMES, US: Laura Jarboe pointed to a collection of test tubes in her Iowa State University laboratory. Some of the tubes looked like they were holding ...

Read more
EPA gives Presidential Green Chemistry Challenge awards

WASHINGTON, US: Among small businesses, BioAmber Inc and for greener synthetic pathways, Genomatica, received the US Environmental Protection Agency, ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X