ATOFINA Announces Plans to Expand Styrene Monomer facility in Carville (USA)

26-Feb-2003

Atofina announced plans to modernize and expand its joint venture Cos-Mar Styrene Monomer facility located near Carville, Louisiana. This project will increase styrene capacity from 900 000 tons per year to 1 150 000 tons per year. Completion is planned for third quarter 2004.

Cos-Mar is a 50/50 joint venture between ATOFINA Petrochemicals, Inc. and General Electric Petrochemicals, a wholly owned subsidiary of General Electric, and a division of its GE Plastics business. ATOFINA operates the Cos-Mar facility, which is one of the largest styrene monomer plants in the world.

The project includes upgrading the ethylbenzene and styrene production technologies, allowing reductions in energy and feedstock consumption and in plant air emissions.

This expansion enhances the world-class position and the competitiveness of the Cos-Mar facility in the global styrene market. ATOFINA's wholly owned Polystyrene Plant located adjacent to the Cos-Mar facility will consume their share of the new capacity.

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