China's Bluestar investing $900M in polyols expansion

摘要

Polyether polyols producer Shandong Bluestar Dongda Chemical Co. is investing RMB 6 billion ($900 million) in a major capacity expansion, building another 200-kilotonnes-per-annum (ktpa) unit to add to its existing polyols capacity of 160 ktpa. This unit is expected to be on stream, in the High-Tech Industrial Zone of Zibo City, Shandong, in the second half of 2012, said Lui Yi, general manager and vice party secretary. Lui also revealed that the group plans to add a further 150 ktpa in the second half of 2013, to bring its total capacity to 510 ktpa.