CHM 585 /490 - PowerPoint PPT Presentation

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CHM 585 /490

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The growth of higher-solids epoxies, polyesters and urethanes, which require polar solvents in place of alkyds, has increased the demand for acetate esters, ... – PowerPoint PPT presentation

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Title: CHM 585 /490


1
CHM 585 /490
  • C 13
  • Ethyl acetate Opportunity

2
Ethyl acetate
  • 150 million pounds per year in U.S.
  • Used for a variety of solvent and vehicle
    applications. Coatings account for 60 percent of
    demand. Process solvents, including
    pharmaceuticals and organic synthesis, are 15
    percent. Printing inks are 15 percent, and
    miscellaneous uses, including adhesives and
    cosmetics, are 10 percent.

3
STRENGTH
  • Environmental regulations have restricted the use
    of hazardous air pollutants, and ethyl acetate
    has substituted for HAPs, such as MEK and
    toluene, in coatings formulations. The growth of
    higher-solids epoxies, polyesters and urethanes,
    which require polar solvents in place of alkyds,
    has increased the demand for acetate esters,
    including ethyl acetate. Solvents are crucial for
    the application of printing inks, and ethyl
    acetate's future is secure in that market with
    above-GDP growth.

4

Millions of pounds per year.
5
The Opportunity
  • If we spend 1MM on capital, we can build a 10MM
    lb / year ethyl acetate plant.
  • We are fairly certain that we can sell all we
    make for 0.70/lb.
  • Should we take out a 5 year loan and build the
    plant?

6
Our Process
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