PetroChina subsidiary lets contract for polypropylene unit
PetroChina Guangdong Petrochemical let a technology licensing contract for a polypropylene unit as part of an integration project under way at its 400,000-b/d heavy crude oil processing and petrochemical site in China's Guangdong province.
PetroChina Guangdong Petrochemical Co. Ltd., a subsidiary of China National Petroleum Corp.’s PetroChina Co. Ltd., has let a contract to W.R. Grace & Co. to provide technology licensing for a grassroots polypropylene (PP) unit as part of a refining-chemical integration project under way at its 400,000-b/d heavy crude oil processing and petrochemical site in the Jieyang Nandahai Petrochemical Industrial Zone of China’s Guangdong province.
As part of the contract, Grace will license its proprietary UNIPOL PP process technology as well as its sixth-generation, non-phthalate CONSISTA catalyst for the 500,000-tonne/year, single-line PP unit, which will produce homopolymer, random copolymer, and impact copolymer resins, the service provider said.
The PP unit is scheduled to be completed in 2023, Grace said.
The service provider disclosed neither a value of the contract nor further details regarding the project.
Started in 2017, PetroChina Guangdong Petrochemical’s refining-chemical integration project at Jieyang is budgeted for RMB 65.43 billion yuan ($9.3 billion), PetroChina said in its 2018 annual report to investors.
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