23 April 2012 22:39 [Source: ICIS news]
HOUSTON (ICIS)--The Ethylene XXI project in Mexico will use GE compression technology, the US-based company said on Monday.
The joint venture between Brazil’s Braskem and Mexico’s Grupo Idesa will use GE technology at the site’s low-density polyethylene (LPDE) plant in Veracruz, GE said.
The compressors use less electricity, reduce operating costs and require less maintenance than those using other technologies, GE said.
GE did not release financial details.
Construction of the Ethylene XXI project is expected to begin next month.
Located in the Nanchital region of Mexico’s Veracruz state, the Ethylene XXI project comprises an integrated ethane cracker and polyethylene (PE) units. The cracker will be based on Technip technology and have a 1.05m tonne/year capacity.
Planned downstream production includes two high density polyethylene (HDPE) plants with capacities of 350,000 and 400,000 tonnes/year and one 300,000 tonne/year LDPE plant. INEOS is providing the HDPE technology, while LyondellBasell is providing the LDPE technology.
Additional reporting by Anna Jagger
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