UOP in talks to develop more MTO projects

25 February 2008 10:30  [Source: ICIS news]

LONDON (ICIS news)--UOP is in talks for further methanol-to-olefins (MTO) projects in China, the Middle East and North Africa, the US technology company said.

The Honeywell division was looking at coal-based MTO plants in China and was holding discussions with about five different companies.

“These are large complex projects in terms of financing and putting together consortia,” said James D’Auria, business director of petrochemicals for UOP Process, Technology & Equipment.

He expected that most of the projects would be developed in a similar timeframe to the Eurochem MTO project in Nigeria which is due on stream in 2012.

Early discussions are also under way for another three projects in the Middle East and North Africa, said UOP.

For the full interview with UOP’s James D’Auria, see the March 17 issue of ICIS Chemical Business

By: Elaine Burridge
+44 20 8652 3214

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly