Basell, Trinidad & Tobago sign MoU for PP complex

14 December 2007 14:41  [Source: ICIS news]

LONDON (ICIS news)--Basell, National Gas Co of Trinidad and Tobago (NGC) and National Energy Corp of Trinidad and Tobago (NEC) will build a 450,000 tonne/year polypropylene (PP) plant in the Caribbean state, they said on Friday.

 

The three companies have signed a memorandum of understanding (MoU) confirming their intention to build and operate the fully integrated plant, Basell said in a statement.

 

“The MoU includes the construction of a methanol plant, which will exclusively supply a methanol-to-propylene [MTP] unit at the complex,” it said.

 

“The propylene produced at the complex will be the feedstock for a worldscale 450,000 tonne/year PP plant,” it added.

 

The plant, which is to be undertaken in conjunction with MTP technology supplier Lurgi AG, is tentatively scheduled to come on stream in 2012.

 


By: Lucy Craymer
+44 20 8652 3214



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