Lyondell, Millennium enter Texas venture
HOUSTON—There's a new star in Texas as a result of the joint venture between Lyondell Petrochemical Co. and Millennium Chemicals Inc.
Equistar Chemicals will open Dec. 1, with 13 manufacturing facilities in the Gulf Coast and Midwest. The Houston-based firm is valued at about $5 billion.
The firm will have production capacity for 3.4 billion pounds of high density polyethylene, 1.7 billion pounds of low density PE, 1.1 billion pounds of linear LDPE, 680 million pounds of polypropylene, 7.2 billion pounds of ethylene and 2.2 billion pounds of propylene.
Officials said the venture annually will save the firms $150 million.
Indian firm licenses Montell PE technology
CALCUTTA, INDIA — Montell Polyolefins has extended its license for Spherilene swing gas-phase polyethylene technology to Haldia Petrochemicals Ltd. of Calcutta for a plant scheduled to start up in mid-1999.
The new plant will have annual capacity of almost 500 million pounds. Haldia had licensed 264 million pounds a year of Spherilene capacity at the site. The plant will include a 419 million-pound-per-year polypropylene plant using Spheripol technology.
Haldia is a joint venture between the government of West Bengal, the Chatterjee-Soros Group and the Tata Group.
Montell of Hoofddorp, the Netherlands, is the global leader in PP production with more than 7 billion pounds of capacity.
Hanna, P&G to work jointly on color system
SUWANEE, GA.—M.A. Hanna Color of Suwanee will design colorant systems with Procter & Gamble Co. of Cincinnati for use in plastic packaging for P&G products.
Hanna officials said the agreement grew from an 11-year working relationship between the two companies. M.A. Hanna Color President Joe Bauer said the company has organized a core team, led by Valeri Calcavecchia, to handle the P&G business.
P&G officials said the agreement will increase the firm's speed to market new products and will reduce time and costs involved in introducing new colors.
M.A. Hanna Color, a division of Cleveland's M.A. Hanna Co., supplies specialty colorant systems and additives for the plastics market from 18 facilities in North America.
Polycom Huntsman boosts compounding
WASHINGTON, PA. — Polycom Huntsman Inc. has added 105 million pounds of annual compounding capacity this year by opening a new facility in Lake Charles, La., and expanding in Donora, Pa.
``The Lake Charles plant meets a need for a geographic presence in the Southwest,'' Polycom Huntsman Vice President George Abd said in a prepared statement. ``And the other expansions will support our continued growth with existing and new customers.''
The first Lake Charles line, a 20 million-pound Banbury mixer, came on line in August. A 35 million-pound twin-screw extrusion line is scheduled to start up early next year.
In Donora, a new 60 million-pound single-screw extrusion line started up in July in a 50,000-square-foot building expansion. A 25 million-pound twin-screw extrusion line started operating in Donora that same month. The building expansion has room for three additional lines in the future. The new site and expansions will create 60 new jobs, company officials said.
Polycom Huntsman, based in Washington, supplies compounds, color and additive concentrates and toll compounding services from seven U.S. locations and a plant in Donchery, France.
GE Plastics Australia expands compounding
MELBOURNE, AUSTRALIA — GE Plastics Australia Pty. Ltd. will open new compounding sites in Singapore and China, and has upgraded its Melbourne plant, to allow greater expansion into the Chinese and Southeast Asian markets.
The new plants will compound Cycolac ABS, Cycoloy polycarbonate/ABS, Noryl polyphenylene oxide, and Lexan PC resins for the Chinese and Taiwanese markets.
The Melbourne plant is adding two extrusion lines, plus auxiliary equipment, to boost resin production for export. The new lines are scheduled to begin operating in October.
Chip Hills, GE Plastics Australia managing director, said the new sites will be operational in the next 18 months, but he would not disclose the company's expenditure on the new plants or the Melbourne upgrade.