PetroChina Fushun Selects Dow and Aker Kvaerner for PP Project
Year:2008 ISSUE:10
COLUMN:M & A, BUSINESS & TRADE
Click:218    DateTime:Apr.08,2008
PetroChina Fushun Selects Dow and Aker Kvaerner for PP Project     

PetroChina Fushun Petrochemical Company Limited has selected Dow's UNIPOL (tm) Polypropylene Process Technology for its new 300 thousand t/a polypropylene (PP) facility, and Aker Kvaerner will provide the extended process design package and technical advisory services. The plant will be built in Fushun, Liaoning province, northeastern China, and is scheduled for completion in 2010. The Dow Chemical Company announced in February.
   The world-scale facility is the fourth PP plant in China over the past two years to use UNIPOL(tm) Polypropylene Technology from Dow Technology Licensing (DTL), a business group of The Dow Chemical Company, and the third PP project in China that Aker Kvaerner has been awarded within the last year.
   Including the PetroChina Fushun project, UNIPOL(tm) Polypropylene Technology will be used globally to produce more than 10 million tons of PP per year, which will be more than 16% of total global capacity.
   The PetroChina Fushun license agreement includes production capability for the broadest range of PP resins, including: homopolymers, random copolymers and impact copolymers for various grades of plastics. The well-proven UNIPOL(tm) Polypropylene Technology, high performance SHAC(tm) Catalyst Systems and other leading products available under the license agreement give PetroChina a cost-effective, long-term solution for addressing PP demand.