Lion plans new EPDM facility
ERJ staff report (PR)
Geismar, Louisiana – Lion Copolymer has completed a detailed engineering study for a new 60-80 kilotonnes per annum (ktpa) EPDM manufacturing line.
The facility is to complement four existing EPDM polymerisation units at the company’s current Geismar site - bringing nameplate capacity there to over 200ktpa.
Lion is also exploring options to strengthen its raw-materials position, including co-investing in new ethane cracker capacities, according to a 24 April announcement.
US Gulf Coast raw material cost advantages are "key drivers in the decision to review expansion options,” Lion president Jesse Zeringue commented.
Lion has, meanwhile, completed the sale of its SBR and NBR businesses to East West Copolymer LLC,, which had been operating the businesses under a temporary agreement since February.
“Our decision to divest the SBR business will allow us to focus our efforts on growing the EPDM business and explore new strategic opportunities,” said Zeringue.
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