Huntsman has announced the go-ahead for plans to build the world’s largest low-density polyethylene (LDPE) manufacturing facility, on Teesside in the UK. The 400,000 tonnes per year plant, Huntsman’s first venture into the growing European polyethylene market, will be built at the Wilton International site at a cost of around GBP 200 million. The company anticipates the main plant will cost approximately GBP 180 million with a further GBP 20 million covering logistics and infrastructure. Subject to the signing of a technology license agreement, the company expects to begin construction in 2005, with the plant being operational in the third quarter of 2007. The new plant also will be an important consumer of the ethylene made at Huntsman’s Cracker manufacturing facility at Wilton, thereby underpinning the future of this key plant for the foreseeable future.
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