In a move to further solidify the company's position as a leading producer, Huntsman Corporation has commenced construction of a previously announced 100 million pound pa maleic anhydride plant at Geismar, LA. The plant will use a state-of-the-art world scale sized reactor, along with Huntsman's proprietary maleic anhydride technology and Huntsman's proprietary catalyst. The main raw material, butane, will be supplied by pipeline from nearby fractionators. This new facility will come on line in the Q4-2008. Shaw Constructors, Inc., a subsidiary of The Shaw Group Inc., will be the primary contractor for the project.
Huntsman is one of the world's largest producers of maleic anhydride, producing 300 million pounds annually. This chemical is essential to the production of several products, with its largest single application being unsaturated polyester resins used in housing, automotive and marine industries. Huntsman is also the leading world licensor of maleic anhydride fixed bed butane technology, with licensees in Germany, Taiwan, Malaysia, Korea, China and Saudi Arabia.
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