Arkema announces investment plan for Texan Acrylics sites

Chemicals producer Arkema has announced an investment plan for its Acrylics sites in Clear Lake and Bayport, Texas.

The program, costing a total of $110m (£69m) over three years, will focus on growth opportunities seen for applications in water treatment, super-absorbent polymers and enhanced oil & gas recovery.

Start-up is scheduled for early 2013.

The net effect of this project will bring the site to a new rated nameplate capacity of 270KT.