Huntsman Corporation President and CEO launched the start of construction of the world's largest Polyethylene facility at the Wilton International chemical complex near Redcar. Piling and ground preparation work will start on site shortly and construction of the 400,000 tpa polyethylene facility will be spread over two years, with completion due in the fourth quarter of 2007.
The £200 million Polyethylene project, which attracted a Government grant of £16.5 million, is vitally important to the future of Huntsman's operations on Teesside, one of Huntsman's most important global locations. The chemicals and process industry sector is one of this region's most successful and important in terms of growth, investment, international trade, skilled workers and research and development. It is this well-deserved status that has helped attract such a great number of leading names like Huntsman to the North East.
This new facility will underpin the continued operation of Huntsman's major Olefins Cracker facility at Wilton well into the future, which is strategically very important to the integrated chemicals infrastructure on Teesside. This project has been termed as a very significant project that will have a major positive impact on the chemical industry and the economy of the UK both locally and nationally.
(A company press release)
10-Oct-05 
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