Korea's Songwon Industrial Co. Ltd. has announced that its new US$20 mln isobutylene (IBL) production facility, located at the Maeam site in South Korea, has been successfully commissioned and is now fully in production. The new isobutylene facility has a total capacity of 30,000 tons and is based on proprietary TBA (t-butanol) cracking technology.
Songwon has invested heavily in developing ground-breaking proprietary technology to enhance its broad product range. Catalytic cracking of TBA has a number of key advantages in comparison with the other technologies to produce IBL, which are mostly derived from oil. The company says it is no longer affected by the volatile market pricing of isobutylene, which is an important component in its wide range of antioxidants, and will use less energy to achieve its production volume.