Mar 29 2008
Shell Global Solutions International has announced the signing of a licensing contract with PetroChina International Company Ltd and PetroChina Sichuan Petrochemical Company Limited (PSP), which are subsidiaries of China National Petroleum Corporation (CNPC), for the application of Shell's Ethylene Oxide/Ethylene Glycol (EO/EG) process in a new petrochemical plant near Chengdu, Sichuan Province.
Under the contract, Shell's leading EO/EG process and CRI Catalyst Company's EO catalyst will be used in the plant that PSP is building to produce 380,000 tonnes of mono ethylene glycol (MEG) and 50,000 tonnes of EO. The plant is expected to commence production by the end of 2010.
CRI Catalyst Company is Shell's wholly owned affiliate and a part of CRI/Criterion Inc, the global catalyst technology company of the Shell Group.
The contract was signed in November 2007 and was approved by the National Development and Reform Commission in February 2008.
This is Shell's sixth EO/EG license to China and the third to CNPC. The CNOOC-Shell petrochemical plant in Huizhou, Guangdong Province, is also a licensee of the process in China.
Shi Xiaoli, General Manager of Shell Global Solutions, China, said: "The Shell EO/EG process along with the superior CRI catalyst is a recognised leading technology in the global EO/EG licensing market. We are proud of the confidence that CNPC has placed in our technology."
The Shell process is a robust design that allows a new plant to have rapid, smooth start-up to produce on-specification products. The process is optimised around CRI's high selectivity EO catalyst, which is the most efficient EO catalyst developed by CRI Catalyst Company. As a result, the savings of raw materials significantly lower the variable costs as well as the total operating cost.
Leading Health, Safety and Environment standards are another strength of the Shell process, which complies with the most stringent environmental emission regulations and incorporates high tech safeguarding systems along with enhanced energy integration.
Lim Haw Kuang, Executive Chairman of Shell Companies in China, said: "This license further strengthens Shell's technological ties with Chinese national oil and gas companies. We are very proud to continue to share our technology know-how with leading Chinese companies like CNPC."
Posted March 28th,2008