SOURCE: Industrial Info Resources

April 29, 2008 06:30 ET

MDI on the Rise With Three New Plants Set for Construction in 2009, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 29, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The world's supply of methylene diphenyl diisocyanate (MDI) will rise about 840,000 metric tons when three plants come online in 2011. Almost $700 million will be invested in these three projects. BASF (PINKSHEETS:BASFY) and Huntsman Corporation (NYSE:HUN) are committed to bringing the new capacity online. Other major global MDI producers include the Dow Chemical Company (NYSE:DOW) and Repsol YPF (NYSE:REP).

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