12 November 2015
Jim Ratcliffe,
Chairman
ABOUT INEOS TECHNOLOGIES'S INNOVENE™ S PROCESS
- Innovene S - slurry technology for the production of mono and bi-modal HDPE
The Innovene™ S process is a simple and robust design
enjoying best in class economics
with low investment and operating costs.
With no reactor fouling and hence no required cleaning,
the process has proven high on-stream times.
The process utilises proprietary vertical slurry loop reactors
in a two reactor system providing easy and efficient transitions
between bimodal and monomodal product operations
Simplified degassing, no centrifuges and
a robust low energy diluent recycle combine
to provide outstanding campaign-to-campaign stability
with minimal wide-specification product and
no wax or oligomers generation.
The simplicity of the two reactor design
combines best-in-class economics
with market leading MDPE and HDPE products.
This catalyst and the Innovene™ S reactor flexibility
allows significant and straightforward grade-slate optimisation
in response to market changes, and
adds significant incremental value
through specialty product areas,
such as bimodal PE100 pipe.
Further economies of scale are now achievable
with recent advances pushing up
plant capacity to 600kt per year and beyond.
DETAILS
is pleased to announce that it has licensed
- Innovene S - slurry technology for the production of mono and bi-modal HDPE
for the manufacture of
medium density and high density polyethylene
to PTTGC America LLC,
an affiliate of PTT, Thailand’s largest petrochemical
and refining company,
at its new cracker complex
to be located near Dilles Bottom, Ohio, USA.
The Innovene S HDPE plant will consist of two lines
having a total capacity of 700 KTA, producing
a wide range of polyethylene grades
to serve the growing demand for
high performance products in the US and export markets.
Peter Williams,
CEO of INEOS Technologies,
“INEOS is delighted to have been selected by PTTGC
as its licensing partner for the HDPE plant in Ohio .
We look forward to working with the PTTGC team
to deliver an asset that will meet fully both
the current and future requirements of PTTGC’s customers.”
Panod Awaiwanond,
General Manager of PTTGC America
"PTTGC is very excited by this project
based on the US Shale Gas economics.
We have chosen a very dynamic location
for the plant at Dilles Bottom, Ohio
with a highly skilled work force and
support of the local and state governments.
The INEOS Innovene S technology fits with our economic
and market needs to ensure a successful project
for all of our new stakeholders"
For further information please contact :
Pete Grant,
Telephone + 41 (0) 21 627 7085
Email: peter.grant@ineos.com
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