The Dow Chemical Company announced has signed a joint venture agreement with BASF to construct a 300,000 mta propylene oxide manufacturing facility using the recently co-developed hydrogen peroxide route to propylene oxide (HPPO) technology. Construction of plant will begin this year with startup planned in early 2008. HPPO is an attractive, lower-cost, and commercially-viable process for producing propylene oxide. The joint venture will build and operate the commercial-scale HPPO plant in Antwerp Belgium. A separate joint venture company will own and further develop the HPPO (hydrogen peroxide route to propylene oxide) technology. The two companies will have equal off-take rights to the PO produced by the Antwerp plant.
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