Shanghai, China – July 6, 2016 – Today BASF and Xinjiang Markor Chemical Industry Co., Ltd. (“Markor”) inaugurated a new PolyTHF® (polytetrahydrofuran, chemical name: polytetramethylene ether glycol) plant in Korla, Xinjiang Uygur autonomous region in northwest China. Commercial products are now available for delivery to local customers in China.
The plant, with an annual capacity of 50,000 tons of PolyTHF, is operated by a joint venture between BASF and Markor registered under the name of BASF Markor Chemical Manufacturing (Xinjiang) Co., Ltd. It will support customers’ increasing demand. The plant complements BASF’s existing Asian production facilities in Shanghai, China and Ulsan, Korea. BASF also produces PolyTHF in Geismar, Louisiana, and Ludwigshafen, Germany, with a global annual PolyTHF capacity of 350,000 metric tons.
PolyTHF is primarily used to make elastic spandex fibers for a wide variety of textiles, including swimsuits, sportswear, underwear and outerwear. It also serves as a chemical building block for thermoplastic polyurethanes (TPU), used to make hoses, films and cable sheathing mainly for the automotive industry. Other applications include thermoplastic polyetheresters, polyetheramides and cast elastomers for the production of (for example) wheels for skateboards and inline skates.
In January 2016 BASF and Markor inaugurated a 1,4-butanediol (BDO) plant, also at the Korla site. The plant, with an annual capacity of 100,000 tons, is operated by another joint venture between Markor and BASF, registered under the name of Markor Meiou Chemical (Xinjiang) Co., Ltd. The two projects mark BASF’s first investment in Xinjiang with a local private enterprise.
By Martin Liedemit
Source: BASF
CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.
The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.
Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.