In the Netherlands, chemical company Hexion Inc has said it will expand production of biobased epichlorohydrin to meet growing demand in epoxies.
The planned expansion will add 25,000 metric tons of annual capacity at Pernis, Netherlands using renewable glycerin as feedstock. The investment will also support the reduction in overall energy intensity of epichlorohydrin production at Pernis.
The additional capacity is expected to come online in late 2024. Cost was not disclosed.
Hexion also recently announced that it has agreed be acquired by private equity firm American Securities for $30 per share following the sale of its epoxy business to Westlake Chemical for $1.2 billion.