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Bayer MaterialScience LLC announces transition to business park and specialty chemicals facility at New Martinsville
First tenant to produce biofuels
09 Oct 2007 -
The Bayer MaterialScience LLC site in New Martinsville has completed its transition from a commodity chemical plant to a state-of-the-art specialty chemicals facility and business park, the company announced.
Bayer also announced its first tenant at the new business park - the River Valley Bio-Refinery LLC, which will build a biodiesel facility. As announced in 2006, the methylene diphenyl isocyanate (MDI) facility at the plant was closed on Sept. 30, 2007.
"We have achieved a major milestone with the closure of the MDI facility and a new tenant to produce biofuels at the New Martinsville business park," said Peter Vanacker, head of the Polyurethanes Business Unit and a member of the Executive Committee of Bayer MaterialScience.
"Our restructuring program for MDI and toluene diisocyanate (TDI) in the NAFTA region is now complete," said Patrick Thomas, chairman of the Board of Management of Bayer MaterialScience. "We have consolidated NAFTA production into our world-scale plant at Baytown, Texas." The Baytown facility has an MDI capacity of 300 kilotons annually and a TDI capacity of 200 kilotons annually. The New Martinsville plant had an MDI capacity of 73 kilotons annually.
Bayer MaterialScience will continue to invest in the New Martinsville plant's infrastructure to support its success as a specialties site and industrial park for third party investment.
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