Hexion Specialty Chemicals To Boost Local Operations Through Land Purchase, Infrastructure Improvements

21-Nov-2006

As part of an effort to enhance the efficiency of its Edmonton, Alberta operations, Hexion specialty chemicals has purchased two parcels of land adjacent to its Edmonton plant and will improve the rail and logistics infrastructure at the site.

The company recently purchased a 1-acre plot adjacent to its current operations in West Edmonton. Hexion had previously purchased another, adjacent 2-acre parcel from AEP Industries, which ceased operations at that location last year. Together, the two parcels provide Hexion the space to enhance the flow of inbound and outbound materials through infrastructure improvements that will include new rail, loading and unloading facilities. The total cost of the projects is anticipated to be $4-5 million.

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