20 September 2012 17:07 [Source: ICIS news]
HOUSTON (ICIS)--Chinese chemicals producer Jiutai Energy has licensed Honeywell UOP's methanol-to-olefins (MTO) technology for a planned project that will produce a combined 600,000 tonnes/year of ethylene and propylene, Honeywell said on Thursday.
In addition, US-based petrochemical technology firm Honeywell UOP will provide basic engineering, catalysts, adsorbents, specialty equipment, technical services and training for Jiutai’s project at ?xml:namespace>
The project is expected to start up in 2014.
In 2011, Honeywell announced a similar project with
The technology allows producers in countries such as
"UOP's MTO process will allow Jiutai to use methanol derived from cheaper and abundant coal to maximise yields of high-value petrochemicals, reduce operating costs and expand its presence in
Financial terms of the contract with Jiutai were not disclosed.
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