Ineos Styrolution has announced the final investment decision to construct a new 100,000 ton capacity ASA plant at its site in Bayport, Texas.
"The new ASA (acrylonitrile styrene acrylate polymer) facility strengthens the Ineos Styrolution position as the only global producer with ASA production capacity in all regions," said an Ineos statement. "Upon start-up, scheduled for 2021, the new facility will unleash additional capacity of ABS polymers at the existing Ineos Styrolution Altamira plant in Mexico."
A contract for engineering, procurement, and construction has been awarded to WorleyParsons, a leading global provider for the chemical industry.
"I am looking forward to offering our customers additional ASA capacity allowing for more flexible production of speciality grades per their growing demand in the Americas," said Ineos president Americas, Alexander Glueck.
"In addition, we will be able to produce more ABS in our existing plant in Mexico also serving the growing ABS market."
• Auto component fitment forecasts
• OEM & tier 1 profiles & factory finder
• Analysis of 30+ auto technologies & more