Cray Valley HSC to Build Resins Facility
The Hydrocarbon Specialty Chemical (HSC) division of Cray Valley has received approval from parent company Total to construct a new manufacturing facility in Beaumont, Texas, to produce hydrogenated tackifying resins. These resins will be based on a proprietary new base resin. The initial phase of the project will have 20 kilotons capacity and is expected to be online in the fourth quarter of 2012. A second 20-kiloton capacity expansion will follow.
“This significant investment demonstrates Total’s commitment to grow its presence in hydrocarbon specialty chemicals,” said Charles-Henri Robert, president of HSC. “This, along with the recent investment to increase Poly bd® resin capacity 40% at our Channelview, Texas, plant, establishes a firm platform for HSC’s future growth.”
For more information, visit www.crayvalley.com.