Shanghai, China - Shanghai BASF Polyurethane Company (SBPC) started a second environmental assessment in July, 2014 for a 60kT/year TDI expansion . The company's TDI capacity will increase to 220kT/year when the project is completed.
The project is located at SBPC's site in the Shanghai Chemical Industry Park with RMB400m ($65mn) earmarked for the expansion and upgrading of its nitric acid, dinitrotoluene and TDA/TDI facilities. The construction of the project is expected to take two years.
When the facilities go into operation, SBPC's nitric acid capacity will rise from 390kT/year to 416kT/year, and the company is also looking to a yearly external purchase of 41kT upstream feedstock to meet the demand of the expansion. The capacity of SBPC's DNT facilities will increase from 190kT/year to 260kT/year.
Both TDI and hydrochloric acid (HCl) from the new facilities are planned for external sales. HCl will be sold to Shanghai Chlor-Alkali Chemical, said the company's assessment report.
The report also mentioned that according to the 12th Five-Year-Plan for Shanghai's Petroleum and Chemical Industry promulgated by Shanghai Municipal Commission of Economy and Information, the size of the city's polyurethane sector is scheduled to reach RMB50bn by the end of 2015.
XE Currency Conversion: 4 August, 2014