Correction: INEOS licenses polymers technology for Rosneft’s VNHK complex

10 July 2012 17:20  [Source: ICIS news]

Correction: In the ICIS news story headlined “INEOS licenses polymers technology for Rosneft’s VNHK complex” dated 10 July 2012, please read in the sixth paragraph … Rosneft licensed the Innovene 'S' technology in 2010 for its JSC Angarsk Polymer Plant in Angarsk … instead of … Rosneft licensed the Innovene 'S' technology in 2012 for its JSC Angarsk Polymer Plant in Angarsk … A corrected story follows

LONDON (ICIS)--INEOS Technologies has licensed its Innovene polyethylene (PE) and polypropylene (PP) technologies to Rosneft subsidiary VNHK, the Switzerland-headquartered chemicals producer said on Tuesday.

VNHK is constructing a petrochemical complex at Nakhodka in the far eastern Primorsky region of Russia.

The complex will be based around a cracker producing more than 1.4m tonnes/year of ethylene and 600,000 tonnes/year of propylene. Its butadiene capacity will be about 200,000 tonnes a year and it is being designed to produce around 230,000 tonnes/year of benzene.

A sea terminal near Vostochny is planned for shipment of the finished products.

VNHK has licensed INEOS’s gas-phase Innovene PP technology, its Innovene 'S' slurry technology for mono and bimodal high density polyethylene (HDPE) and its Innovene 'G' swing gas phase technology for linear low density polyethlylene (LLDPE) and HDPE.

Rosneft licensed the Innovene 'S' technology in 2010 for its JSC Angarsk Polymer Plant in Angarsk. Rosneft’s refinery in Angarsk is a supplier of products to Siberia and far eastern Russia.

INEOS said in June that it had licensed its PE technology to Sibur for its ZapSibNeftekhim production complex in Tobolsk, western Siberia.


By: Nigel Davis
+44 20 8652 3214



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