19 November 2012 12:17 [Source: ICIS news]
LONDON (ICIS)--China Shenhua Coal to Chemical Xinjiang Coal Chemical Company has selected INEOS Technologies as a licensor for a 450,000 tonne/year polypropylene (PP) plant in Urumqi City, in the Xinjiang Uyghur Autonomous Region, the Switzerland-headquartered group said on Monday.
China Shenhua Coal to Chemical Xinjiang Coal Chemical Company is a subsidiary of China Shenhua Group Corporation.
Financial details of the deal were not disclosed.
Peter Williams, CEO of INEOS Technologies, said: "INEOS Technologies is very proud of the fact that China Shenhua Group Corporation Limited has again chosen INEOS technology platform for the development of its polypropylene business”.
In early 2012, Shenhua’s coal-to-olefins business chose INEOS' Innovene PP technology for its second MTO complex to be built by a subsidiary, Yulin Coal Chemical Company in Yulin city of Shaanxi Province.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections