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JLM Chemicals Sells Cumene and Phenol Facility
Jan 11, 2008 (Chemweek's Business Daily/Access Intelligence via COMTEX) -- Copyright 2008 Access Intelligence, LLC. All rights reserved.

JLM Chemicals (Blue Island, IL) says it has sold its cumene and phenol manufacturing facility to Blue Island Phenol (Blue Island, IL), a limited liability company formed for the purpose of the acquisition. Financial details were not disclosed. The plant, located Blue Island, IL, has capacity to produce 150 million lbs/year of cumene, 95 million lbs/year of phenol, and 57 million lbs/year of acetone. Under terms of the deal, JLM will continue to manage the facility and market products produced at the plant. Blue Island Phenol is owned by Plastics Engineering Co. (Sheboygan, WI).

Chemweek's Business Daily, Vol. , No.


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