The products from Clear Lake are mainly used in home and personal care, textile, construction and other industrial applications.
The expansion includes new reactors and additional storage facilities, bringing the overall ethoxylation capacity to more than 125 000 metric tons from 95 thousand metric tons at present. Products manufactured include High Molecular Weight Polyethylene Glycols (PEGs), alcohol ethoxylates, sodium isethionates and ethoxylated specialties.
The current expansion brings the total investment over the last five years to CHF 65 million. The new plant will go online in mid-2015.
“The investment is another important step in the implementation of our business strategy focusing on profitable growth. With the expansion, we can increase our market share in markets with good growth potential”, said Hariolf Kottmann, CEO.
“Ethoxylated products including polyetylene glycols are a cornerstone of our growth strategy, especially for the fast growing markets in the Americas with their greater demand for personal and home care products,” added Michael Willome, bead of the business unit ICS.