Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Fayette | Henderson | Lakes | McCracken | Warren | Webster

SABIC’S Makes Major Investments to Create Hundreds of Jobs

sabic 300MOUNT VERNON, Ind. (12/4/13) - SABIC’s Innovative Plastics business today announced two major investments at its largest U.S. facility aimed at further increasing the business’ global competitiveness and sustainability by enhancing the reliability and efficiency of production. These investments at the Mount Vernon, Indiana site will benefit the business’ customers through efficient and reliable production, and the local community with the anticipated creation of between 150 and 200 temporary construction jobs over two and a half years.

The first investment involves the production of a state-of-the-art cogeneration (CoGen) plant that will use natural gas to create a majority of the steam for the site. Currently, coal boilers power 40 percent of the site’s steam. The EPA recently issued new Boiler Maximum Achievable Control Technology (MACT) Standards for industrial, commercial, and institutional boilers. Innovative Plastics is building a CoGen plant that addresses the EPA standards and offers an economical and sustainable solution by leveraging the long-term supply of natural gas.

The CoGen plant is expected to reduce the Mount Vernon facility’s greenhouse gas intensity, which includes GHG from the site and from electricity used from the regional grid, by 35 to 40 percent compared to a 2010 baseline. The GHG intensity savings are equivalent to removing more than 110,000 passenger vehicles from the road annually. In addition, the CoGen plant is expected to enhance the plant’s energy efficiency, helping reduce costs over the long-term.

The second investment, which is designed to streamline the efficiency of the chemical production process, will reduce energy intensity, and promotes safety and sustainability. The new technology is expected to operate 20 to 30 percent more efficiently than the current technology, using less steam and electricity, further increasing the Mount Vernon site’s competitive position. Additionally, this significant investment will enable the site to reduce its GHG intensity. The new technology is expected to be completed in 2015 and, compared to a 2010 baseline, is expected to reduce GHG intensity equivalent to removing nearly 3,000 passenger vehicles from the road annually.

“In a rapidly changing and increasingly competitive global market, our business strives to be innovative, efficient, and sustainable in everything that we do. We place a substantial amount of time and resources into creating world-class manufacturing operations that use state-of-the-art technology to deliver on our customer commitments. SABIC’s Innovative Plastics business continuously adapts and improves our business processes, and makes appropriate investments to ensure competitiveness over the long-term,” Mike Walsh vice president of manufacturing for SABIC’s Innovative Plastics business, said. “These investments demonstrate the business’ commitment to being the preferred supplier of engineering thermoplastics, while continuing to pursue its ambitious sustainability objectives.”

The Mount Vernon site is SABIC’s largest U.S. manufacturing facility employing approximately 1,200 employees. The site began operations in 1960 producing one product – LEXAN™ resin. Continued investments in the Mount Vernon site over the years have turned the site into a best-in-class SABIC facility with expanded manufacturing capabilities to produce core and speciality products.

“The Innovative Plastics business is committed to investing in its operations at the Mount Vernon site which benefits customers and the local community. The investments we’re announcing today are the largest in the Mount Vernon facility in 30 years, and are in-line with our commitment as a business to serving our customers, and supporting the communities where we operate. Significant investments like these position the site for continued growth and competitiveness,” Joe Castrale, Mount Vernon plant manager for SABIC’s Innovative Plastics business, said.

The next steps for the investments include detailed design, construction, and environmental plans investments are being created. The business will then work with local, state and federal officials to obtain the appropriate regulatory approvals in order to begin construction.

SurfKY News
Information Provided by Griff McNerney

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

In Other News...

Business Spotlight - First Security Bank

CENTRAL CITY, Ky. (8/27/14) — First Security Bank is a 100-year-old bank, which is locally owned and operated.… Read More

Cairo PTA Presents Technology Devices to the Classroom

HENDERSON, Ky. (8/27/14) — Cairo Elementary School PTA recently presented students at Cairo Elementary with technology… Read More

Most Read This Week (Site-Wide)

August 25, 2014 4339

Flooded Central City Church's Seven Day…

in Top Stories by Paul McRee, SurfKY News
August 25, 2014 4335

14-Year-Old Suffers Gunshot Wound; Air…

in Top Stories by Ami Clayton, SurfKY News
August 25, 2014 3815

Camper Stolen in Utica Recovered in…

in Top Stories by Martha Clark
August 25, 2014 3328

44th Mount Saint Joseph Picnic is Sunday,…

in News by Jennifer Kaminski
August 25, 2014 3291

Daviess County Health Department…

in News by Dennis Beard, SurfKY News

Most Read Stories from Hopkins County

August 25, 2014 4335

14-Year-Old Suffers Gunshot Wound; Air…

in Top Stories by Ami Clayton, SurfKY News
August 25, 2014 2459

Two Injured in Two-Vehicle Collision Near…

in Top Stories by Trooper Stu Recke
August 25, 2014 2360

Former Co-Workers Trying to Raise Money…

in Top Stories by Rita Dukes Smith, SurfKY News Director
August 24, 2014 2296

Two Injured in Two-Vehicle Collision…

in Top Stories by Officer Jeff Miller
August 26, 2014 1827

Two People Injured When Vehicle Overturns…

in Top Stories by Matt Sanderson

Most Read Stories from Owensboro

August 25, 2014 3328

44th Mount Saint Joseph Picnic is Sunday,…

in News by Jennifer Kaminski
August 25, 2014 3291

Daviess County Health Department…

in News by Dennis Beard, SurfKY News
August 25, 2014 3175

GRADD Seeking Ombudsman Program Volunteers

in News by Woody Maglinger
August 26, 2014 2691

Owensboro Board of Commissioners…

in News by Beth Cecil
August 26, 2014 2373

City Street Closures on Strawbridge and…

in News by Abby Shelton

Most Read Stories from Muhlenberg County

August 25, 2014 4339

Flooded Central City Church's Seven Day…

in Top Stories by Paul McRee, SurfKY News
August 25, 2014 3815

Camper Stolen in Utica Recovered in…

in Top Stories by Martha Clark
August 25, 2014 3045

Job Corp Celebrates 50th Anniversary

in Top Stories by Charles W. Riley II, SurfKY News
August 25, 2014 3037

Mustangs Marching Classic

in Top Stories by Charles W. Riley II, SurfKY News
August 26, 2014 2332

Family Has Close Call with Tornado

in Top Stories by Paul McRee, SurfKY News

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)

SurfKY Owensboro News Bureau
920 Frederica St. / Suite 210  •  Owensboro, KY 42301  •  270.683-8060 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 03social 04social 22social 21social 06