EuroChem and ChemChina sign MoU for $500M isocyanates JV in Russia

EuroChem and ChemChina signed a memorandum to create a joint venture to produce isocyanates and propylene oxides, with an estimated cost of $500 million. The first project will upgrade EuroChem's Novomoskovskiy Azot plant.

“The joint venture will also produce propylene oxides for the use in the development of synthetic lubricants.”globalinsulation.com

• 1 source
• globalinsulation.comEuroChem and ChemChina to consider isocyanates production options - Insulation Sector News - Global InsulationGlobal Insulation staffJun 2, 2017

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