Sinopec plans polyethylene plant using Chevron Phillips slurry techonolgy

BY OGJ editors

HOUSTON, Jan. 26 -- Chevron Phillips Chemical Co. LP has licensed its loop slurry technology to China Petrochemical International Co. Ltd. (Sinopec) for a planned 350,000 tonne/year, high-density polyethylene plant to be built in China. The plant will be constructed at Sinopec's Maoming Petrochemical complex in China's Guangdong Province.

Financial terms of the proprietary licensing agreement were not disclosed.

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