Degussa Receives Approval from Chinese Au-thorities to Build Integrated Methacrylates Production Facility
Press Release No. 5/2007 Degussa GmbH has received approval from the Chinese National Development and Reform Commission (NDRC) to construct an integrated production facility for methyl methacrylate (MMA) and methacrylic specialties in Shanghai.
The official starting shot for the specialty chemicals group's currently largest individual investment measure is expected in a few months' time. The investment volume for the entire plant including all preliminary stages is approx. EUR 250 million. The world-scale plant is planned to go into operation in the course of 2009, after a construction period of two years. Degussa's Methacrylates Business Unit is responsible for planning, constructing and operating the plant, which gives it produc-tion facilities in Asia, North America, Central and Eastern Europe.
The production complex operates on the basis of C4 technology and is being built at Degussa's multi-user site at Shanghai Chemical In-dustry Park Development Ltd. The integrated MMA plant is designed to provide an annual capacity of some 100,000 metric tons and to supply raw materials for downstream monomer and polymer special-ties for applications in optoelectronics, the adhesives and coatings industries and automotive construction.
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