Honeywell technology selected for China’s largest petrochemicals project
Honeywell will provide process technology, engineering design, catalysts and control and automation technologies.
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The capital outlay is the largest in the European chemical industry in the past two decades.
The new methanol unit is expected to make the isoprene facilities more efficient and reduce production costs.
NewCo will produce dry polyacrylamide and cationic monomer A9 among other chemicals.
US$175 million deal accompanies long-term reciprocal supply agreements.
BP and Lotte have agreed a major expansion of production capacity at their JV Lotte BP Chemical Co. Ltd facility in Ulsan, South Korea.
Around 140 planned and announced plants are scheduled to come online during the forecast period.
TechnipFMC has announced that a new world-scale ethylene cracker for the CSPCL Nanhai petrochemical complex has passed performance tests.
The expansion enables full production of 50 million gal./yr of biodiesel and bio-oil.
CNOOC Huizhou Petrochemicals has achieved China VI diesel target with DuPont IsoTherming DHT unit.
