Dynea announces successful commissioning & start-up of new Formaldehyde Plant
Norway – Dynea AS (Dynea) announced the successful completion of the Performance guarantee run and commencement of commercial operations for its latest Silver Formaldehyde Plant FASIL® license to SAMAC - a JV between SABIC and Mitsubishi Chemical Corporation.
The plant located on the Ibn Sina site in Jubail, KSA is capable of producing 105.000 metric-ton annual capacity (calculated as formaldehyde 100% per weight) and will deliver 55% formaldehyde solution for the manufacturing of MMA.
The MMA plant operated by SAMAC has a 250.000 metric-ton annual capacity and is using the world-class Lucite International’s Alpha MMA Technology. Lucite is owned by Mitsubishi Chemical Corporation. Lars R. Axelsen, Dynea Licensing Manager, commented, “With this project, we show our continuous commitment to Process Excellence, working together with world-class companies. It is also an honor to support the development of downstream growth in Saudi Arabia in line with Saudi Vision 2030.”
The proven FASIL® silver technology which has the lowest total operational cost and regarded as the safest way of producing formaldehyde licensed by Dynea has already been successfully installed at more than 40 plants worldwide.
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