Chevron Phillips Chemical said today it will build a new polyalphaolefins unit in Beringen, Belgium, in response to growing global demand for the fluids. The company is targeting a 2024 startup for the unit, which will double its PAO production capacity in Belgium to 120,000 metric tons per year.
“Increased production from this new investment will be critical to support growing demand at a time of great innovation in several sectors that require PAOs,” said Antoine Janssens, Europe Africa region general manager.
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The new unit will make low-viscosity PAOs, as does the existing facility.