[Image courtesy of www.ineos.com]
Last month, CBI member INEOS licensed its Innovene PP process to the Sinopec Maoming Company for the manufacture of polypropylene homopolymers, random copolymers, and impact copolymers at Sinopec's planned manufacturing facility in Maoming in southern China's Guangdong province.
Scheduled to open in 2013, Sinopec's new plant will serve the South China markets, including the Pearl River delta region, and bring Sinopec's total capacity based on INEOS Technologies Innovene process to 1.2 million tons of polypropylene. Sinopec is the largest polypropylene producer in China, and produces a range of premium and specialty products using the Innovene PP platform.
INEOS Technologies has now signed four PP licenses in China this year.
Peter Williams, CEO of INEOS Technologies, said, "We are delighted that Sinopec has selected INEOS as their partner for their new Maoming polypropylene project, and look forward to working with Sinopec to ensure the success of the new facility. The repeat business from a customer with the stature of Sinopec is a testimonial to the overall excellence of the technology and the support INEOS Technologies provides to its licensees. INEOS has now licensed approximately 1.7 million tons of capacity in China in 2011."
Please click here to read the full press release by INEOS.
Comments