Company News
October 21, 2020
Huntsman Opens Polyester Polyol Plant in Taiwan
Huntsman Opens New TEROL® Polyols Plant in Taiwan
Download as PDF October 21, 2020 1:01am EDT
KUAN YIN, Taiwan – Huntsman Corporation (NYSE: HUN) today commemorated the official start-up of a new 22,000-ton TEROL® aromatic polyester polyols plant at its systems house in Kuan Yin, Taiwan, with an opening ceremony at the site that was attended by key customers and employees.
The 3,600-square meter polyols plant, completed in May, expands Huntsman’s downstream polyurethanes capabilities in the Asia-Pacific region and marks the first time Huntsman has manufactured its TEROL® polyols outside the United States.
TEROL® polyester polyols are critical components in the production of MDI-based polyurethane insulation systems – the most effective insulants available in the market, as measured by R-value. Insulation products based on TEROL® polyols, include polyisocyanurate (PIR) boardstock systems, spray polyurethane foam (SPF) and pour-in-place applications, including entry doors, garage doors, coolers, refrigerators and commercial freezers.
To produce its TEROL® polyols, Huntsman utilizes a proprietary process that upcycles scrap polyethylene terephthalate (PET) bottles, some of which otherwise would have ended up in landfills, rivers and oceans.
In remarks at the opening ceremony, Peter Huntsman, Chairman, President and Chief Executive Officer of Huntsman Corporation, said: “The work we are doing in Taiwan and throughout the Asia Pacific region will truly transform our industry. By recycling the equivalent of nearly half a billion PET bottles from the oceans, landfills and refuse facilities, we are creating the building blocks that transform plastic waste into something of real value – highly efficient insulants that help conserve energy and reduce emissions.
“When considered with its sister plant in Houston, Texas, this new TEROL® polyols plant enables Huntsman to participate on a global scale in the shared responsibility to clean up our environment and do more with less.”
Huntsman manufactures TEROL® polyols for the Americas and European regions from its plant in Houston, Texas, where it upcycles the equivalent of one billion 500ml PET bottles per year. Additionally, Huntsman manufactures polyols from scrap PET bottles at its Huntsman Building Solutions site in Boisbriand, Canada.
Commenting on the new facility, Tony Hankins, President of Huntsman’s Polyurethanes business and CEO of Asia Pacific said: “Taiwan is a critically important base for the achievement of our strategic objectives in the region, which are focused on moving downstream and creating more differentiated solutions for our customers. The TEROL® polyols from this plant are already being used in PIR boardstock systems, cold chain applications and spray polyurethane foam, or SPF. Earlier this year, we established Huntsman Building Solutions, the leading SPF company in the world, through the integration of two major SPF businesses that we recently acquired. As a result, Huntsman is now able to effectively supply energy-efficient SPF systems to customers throughout Asia-Pacific, leveraging the TEROL® polyols from the Taiwan plant. We see significant growth opportunities for SPF in the cold chain, modern agriculture, and the insulation of buildings.”
October 16, 2020
Propylene Glycols Increase from Lyondell
October 16, 2020
Subject: Lyondell Chemical Company; Propylene Glycol Price Increase
Dear Valued Customer,
Effective November 1, 2020 or as contracts allow, Lyondell Chemical Company (“Lyondell”) is increasing off list prices for all grades of Propylene Glycol in North America and South America per the following:
Propylene Glycol Industrial Grade (PGI) $0.10/lb
Propylene Glycol USP/EP Grade (PG USP/EP) $0.10/lb
Di-Propylene Glycol Industrial Grade (DPGI) $0.10/lb
Di-Propylene Glycol Fragrance Grade (DPGF) $0.10/lb
Tri-Propylene Glycol (TPG) $0.10/lb
Tri-Propylene Glycol Acrylate Grade (TPGA) $0.10/lb
This price increase is in addition to previous Propylene Glycol price increases announced by Lyondell.
Our acceptance of orders submitted prior to the increase date will be subject to our ability to supply. We appreciate the confidence you have placed in us as a supplier, and we look forward to our continuing business relationship. As always, your account manager is available to work
with you or answer any questions you may have.
October 16, 2020
Propylene Glycols Increase from Lyondell
October 16, 2020
Subject: Lyondell Chemical Company; Propylene Glycol Price Increase
Dear Valued Customer,
Effective November 1, 2020 or as contracts allow, Lyondell Chemical Company (“Lyondell”) is increasing off list prices for all grades of Propylene Glycol in North America and South America per the following:
Propylene Glycol Industrial Grade (PGI) $0.10/lb
Propylene Glycol USP/EP Grade (PG USP/EP) $0.10/lb
Di-Propylene Glycol Industrial Grade (DPGI) $0.10/lb
Di-Propylene Glycol Fragrance Grade (DPGF) $0.10/lb
Tri-Propylene Glycol (TPG) $0.10/lb
Tri-Propylene Glycol Acrylate Grade (TPGA) $0.10/lb
This price increase is in addition to previous Propylene Glycol price increases announced by Lyondell.
Our acceptance of orders submitted prior to the increase date will be subject to our ability to supply. We appreciate the confidence you have placed in us as a supplier, and we look forward to our continuing business relationship. As always, your account manager is available to work
with you or answer any questions you may have.
October 16, 2020
BASF Announces MDI Increase
October 16, 2020
Dear Valued Customer,
Effective November 1, 2020 or as contracts allow, BASF Corporation is raising the price for all Lupranate MDI products by $ 0.13 per pound.
Your BASF Account Manager will provide details of this announced increase and is available to answer any questions you may have. We appreciate your continued support of BASF Urethane Chemicals.
October 16, 2020
BASF Announces MDI Increase
October 16, 2020
Dear Valued Customer,
Effective November 1, 2020 or as contracts allow, BASF Corporation is raising the price for all Lupranate MDI products by $ 0.13 per pound.
Your BASF Account Manager will provide details of this announced increase and is available to answer any questions you may have. We appreciate your continued support of BASF Urethane Chemicals.
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