Fund Energy selects INEOS Technologies’ Innovene PP process for their new project in China
INEOS Technologies has licensed its Innovene PP process for the manufacture of polypropylene homopolymers, random copolymers and impact copolymers to the Full-Tech (Changzhou) Chemistry & Development Company Limited, a subsidiary of Fund Energy Investment Holdings Co., Ltd, in Changzhou, China. The 300 KTA Innovene PP plant will produce a wide range of polypropylene products to serve the growing market in China.
The feedstock for the polypropylene plant will be produced using locally sourced propylene via a Methanol-to-Olefins (MTO) process.
Peter Williams, CEO INEOS Technologies stated: “We are delighted that Fund Energy has chosen Innovene PP to establish their presence in the expanding PP market in China. INEOS Technologies Innovene PP products have gained recognition as premium products in this demanding market.”
Mr. Xia Ji, General Manager of Full-Tech (Changzhou) Chemistry & Development Company Limited said: "We chose Innovene PP Process because it offers broad product capability at low investment and operation cost. The best quality of impact copolymer of Innovene PP has already been well recognized in China, which provides us a short cut into the premier market.”
ENDS
For further information please contact:
Pete Grant, INEOS Technologies
Email: peter.grant@ineos.com
Notes to editors:
INEOS Technologies is a leading developer and licensor of technologies for the global petrochemicals industry. It offers the broadest range of petrochemical technologies on the market today and also supplies catalysts, additives and coatings that our customers require to obtain the best possible performance from their investments.
INEOS Technologies' complete portfolio of leading licensed technologies includes:
- Innovene PP - gas phase technology for the production of polypropylene
- Innovene S - slurry technology for the production of mono and bi-modal HDPE
- Innovene G -swing gas phase technology for the production of LLDPE and HDPE
- BICHLOR - membrane electrolyser technology for chlor alkali production
- Vinyls - technology for the production of EDC, VCM and PVC
- Nitriles - technology for the production of Acrylonitrile and Maleic Anhydride
- Expanded Polystyrene