BUDAPEST, Hungary (Sept. 17)—BorsodChem Rt. plans to invest $89 million through September 2005 to expand its annual capacity for methylene diphenyl diisocyanate by a third to 80,000 metric tons. The expanded capacity at the company's Kazincbarcika, Hungary, factory will use new BorsodChem technology and be expandable to 120,000 tons, the firm said. By using its own technology, BorsodChem said it expects significant cost savings compared with a previous licensing deal with Mitsui Toatsu Chemicals Inc. of Japan. The process, it added, will mean higher levels of safety, lower environmental impact and better product quality.
BorsodChem to boost MDI capacity at Hungarian site
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