21 March 2014 09:35 [Source: ICIS news]
SINGAPORE (ICIS)--China's Pucheng Clean Energy Chemical plans to complete construction works on its 700,000 tonnes/year methanol-to-olefins (MTO) project in Shaanxi province before 30 June, a source close to the company said on Friday.
The project will be using the second generation of dimethyl ether/methanol-to-olefins (DMTO-II) technology, which will be the first time the technology is used for industrial applications, according to the source.
Compared with the plants like Shenhua Baotou Coal Chemical's 600,000 tonne/year MTO plant in Inner Mongolia, the plant’s olefin consumption would be reduced by more than 10 percentage points with the use of DMTO-II technology.
Sinopec's Luoyang Petrochemical Engineering Co (LPEC) is undertaking the installation works of the project, the source said without disclosing the financial details.
The company has not set an exact start-up date for the new MTO plant.
Pucheng Clean Energy Chemical is a holding company of Shaanxi Coal and Chemical Industry Group.
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