Shell to increase polyols capacity by over 100,000 tons annually in SingaporeSouce:Xinhua Publish By Jane B. Hatcher Updated 06/02/2013 12:36 am in Business / no comments
SINGAPORE, Feb. 5 — Shell, the Dutch-based multinational oil and gas major, said on Tuesday that it plans to upgrade its Singapore production facility for polyols, increasing its production capacity of this feedstocks by over 100,000 tons annually.
The company didn’t reveal the typical number of the investment of this upgrade project in the press release, but it said the project will be scheduled to be finished in 2014.
“The Asia Pacific market for polyols has grown rapidly over the years and we see increasing demand for higher-comfort products, hence the requirement for a wider polyols offering. The additional volume and grades from this Singapore investment will enable us to meet customer demand growth from key markets in Asia, particularly China,” Graham van’t Hoff, Executive Vice President for Shell Chemicals, said in a statement.
The polyols are usually used as the feedstocks in manufacture of high-quality foams in furniture, bedding and the automotive industry.
The polyols upgrading will be achieved by optimizing existing facilities and deploying a catalyst that improves the on-site conversion of propylene oxide and ethylene oxide to polyols, the company added