BP Amoco ups China acetic acid plant capacity
19 October 1999 12:00 [Source: ICIS news]
LONDON (CNI)--BP Amoco announced Tuesday it has uprated by a
third the production capacity of its joint venture acetic acid
plant at Chuanwei, near Chongqing, south west China, and plans to
expand production even further.
The company said in a statement that the uprating from 150 000
tonne/year to 200 000 tonne/year was done through a combination of
fine tuning the plant operations and using its proprietary acetic
acid technology. The Chuanwei plant is owned by BP Amoco (51%) and
its partners in the Yangtze River Acetyls Company (Yaraco) -
Sinopec Sichuan Vinylon Works (44%) and Chongqing Investment and
Construction Company (5%).
Iain Macdonald, BP Amoco's acetyls business unit leader, said
that the uprating work on the $200m (about Euro190m) plant - which
began operations in late 1998/early1999 - was achieved without any
investment in debottlenecking.
He added: "The success of this project is in line with our
objective to consolidate our global position in acetic acid."
Bob Baldwin, the Chongqing-based joint venture director, said in
the statement that Yaraco is weighing plans to expand production to
more than 200 000 tonne/year by employing BP Amoco's
Cativa acetic acid technology.
The Cativa system speeds up the chemicals reaction rate
and is based on an iridium catalyst. The new catalyst is most
effective when used in combination with lithium and ruthenium, and
benefits include reduced capital cost and fewer by-products.
BP Amoco did not disclose any financial information on the
uprating investment to date or expansion plans. No one was
immediately available at the company to give further
information.
ICIS Copyright © Reed Business Information 2009
Author: Patrick Reynolds+44 208 652 3214
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