28 August 2008 18:35 [Source: ICIS news]
NEW DELHI (ICIS news)--India’s Essar Gujarat Petrochemicals Limited (EGPL) would set up a phenol plant based on a cumene process developed by Italy’s Polimeri Europa (PE) and offered by Lummus Technologies of the US, a government source said on Thursday.
The plant would have capacity to produce 200,000 tonnes/year of phenol and 120,000 tonnes/year of co-product acetone, an Indian government official said. The Indian Rupees(Rs)7bn ($160m) plant would also produce intermediate cumene by alkalization of benzene with propylene.
The plant would form part of the EGPL’s petrochemical complex that is scheduled for commissioning by April 2012 at Vadinar in ?xml:namespace>
According to EGPL, the cumene process uses a unique zeolite catalyst named PBE-1 developed by PE, which is a 100% owned subsidiary of
EGPL has filed an application with the Indian Government, seeking approval for its technical collaboration for phenol plant with Lummus, which has the right to license PE’s cumene process to other companies.
EGPL would pay $8.6m to Lummus as fees for supply of know-how and basic engineering package, the official said.
($1 = Rs43.64)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|