Business & Economics :: Latest News
February 13, 2008
Dow and Aker Kvaerner selected for PP project in China
PetroChina Petrochemical Co. has selected Dow’s (Midland, Mich.; www.dow.com) UNIPOL polypropylene (PP) process technology for its new 300,000-m.t./yr PP facility, and Aker Kvaerner (Oslo, Norway; www.akerkvaerner.com) will provide the extended process design package and technical advisory services.
The plant will be built in Fushun, Liaoning Province, The People's Republic of China, and is scheduled for completion in 2010. The world-scale facility is the fourth PP plant in China over the past 24 months to use UNIPOL PP technology from Dow Technology Licensing (DTL), a business group of The Dow Chemical Company.
This is the third PP project in China that Aker Kvaerner has been awarded within the last year.
Including the PetroChina Fushun project, UNIPOL PP technology will be used to produce more than 10-million m.t./yr, which will be more than 16% of total global capacity.
The PetroChina Fushun license agreement includes production capability for the broadest range of polypropylene resins, including: homopolymers, random copolymers and impact copolymers for various grades of plastics. The well-proven UNIPOL PP technology, high performance SHAC catalyst systems and other leading products available under the license agreement give PetroChina a cost-effective, long-term solution for addressing polypropylene demand.