Texas Petrochemicals Inc. on Monday confirmed plans to more than double its current production of polyisobutylene by mid-2008 at its Houston plant, to meet growing demands fueled largely by the products use in lubricant and fuel additives. Current capacity at the facility is more than 65,000 metric tons per year.
The company said it has awarded contracts for engineering and construction of the scheduled expansion, which has received final approval from its board of directors. According to Texas Petrochemicals, construction is under way in the field and major equipment purchases are on order. The plant produces both highly reactive PIB (HR PIB) and conventional PIB.