"By leveraging Aker Kvaerner's experience in producing engineering packages for licensees in China, Dow will be providing a high quality technology transfer and contributing to the successful completion of both Sinopec projects," states Joseph Bromley, business director, Dow Licensing Technology, METEOR and LP OxoSM Technology.
Both the Sinopec Tianjin branch and Sinopec Zhenhai Refining and Chemical Company have recently received approval for one million TPA ethylene crackers. The Tianjin EO/EG plant will be able to produce up to 420,000 TPA of Monoethylene Glycol (MEG) product and 40,000 TPA of pure EO. Sinopec Zhenhai Refining and Chemical Company's EO/EG plant is planned to produce up to 650,000 TPA of MEG product, and 100,000 TPA of pure EO.
The major use of ethylene glycol is in the manufacture of polyester fibers and resins. This includes polyethylene terephthalate (PET), which is well known for its use in plastic bottles for soft drinks.
AKER KVÆRNER ASA's business within Aker Kvaerner comprises several industries, including Oil & Gas, Refining & Chemicals, Mining & Metals, Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper.
AK Process is a trading name of Aker Kvaerner Netherlands B.V., a wholly owned subsidiary of AKER KVAERNER ASA and the legal entity entering into the cooperation agreement. AK Process serves the chemicals and polymers, refining and onshore oil & gas industries.
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