Ineos-UOP to provide MTO technology license
The Chinese Jiangsu Sailboat Petrochemical Company Ltd (JSPCL) selected the Ineos and Honeywell’s UOP technology for its world-scale methanol-to olefin (MTO) project planned at Lianyungang, in the north of the eastern province of Jiangsu in China.
JSPCL belongs to the large Jiangsu Shenghong Group, listed among the top 500 Chinese companies.
From its core business focusing on printing and dyeing materials and technologies, the Jiangsu Shenghong Group diversified its activities in the year 2000s in the fibers and chemicals polymers in order to integrate a part of its supply chain
Through this vertical integrated business model Jiangsu Shenghong intends to preserve its business against the fluctuation of the prices of vital material feedstock
To be located in Lianyongang, in the north of the Jiangsu province, this greenfield plant should have the world largest single train of MTO.
Jiangsu Sailboat to build a 4 million t/y complex
Having the third largest reserves of coal after the USA and Russia, China is developing all solutions to convert the coal into valuable energy or feedstock through processes such as coal gazification or coal-to-methanol as the building block of the petrochemical industry.
Dedicated to the coal-based methanol, this combined license improves the efficiency of production of olefins at lower costs.
In addition it gives more flexibility in the balance of production between ethylene and propylene, and it provides a wider range of hydrocarbon products from the hydrocracking performed by this process.
Jiangsu Sailboat takes LyondellBasell LDPE license
Among a wide portfolio of polymers, Jiangsu Sailboat is willing to develop polyolefins with the production of:
– Low Density Polyethylene (LDPE)
– Ethyl vinyl acetate (EVA)
LDPE and EVA are among the most commonly used building blocks of the petrochemical industry to produce fibers and plastics for the consumer goods such as packaging films, clothes, furniture, or shoes.
As for the methanol-to-olefin production unit, Jiangsu Sailboat gave priority to the flexibility of production provided by the Lupotech-based process.
This Jiangsu Sailboat low density polyethylene and ethyle vinyl acetate production unit is expected to come on stream in 2015, together with the main facility of methanol-to-olefin due to start commercial operation in Lianyungang in 2015.