Petrochemical company ExxonMobil Chemical Technology Licensing LLC announced that it has signed a licensing agreement with Thailand's PTT Chemical Public Company Limited, (PTTChem), for production of low-density polyethylene (LDPE) and ethylene vinyl acetate (EVA) in a 100 KTA autoclave system.
PTTChem, an affiliate of PTT Group and the largest producer of ethylene and propylene monomer in Thailand, also produces HDPE and supports their downstream petrochemical plants with a variety of utilities and logistics facilities.
“We selected ExxonMobil's autoclave technology because of its proven performance in plants around the world, its cleanliness, safety and excellent conversions,” said Suphon Tubtimcharoon, PTTChem's senior executive vice president marketing and commercial. "This technology offers us a cost-effective way to meet demand for LDPE/EVA in this region.”
Neil Chapman, vice president, Global Polyethylene Business, ExxonMobil Chemical Company, said, “PTTChem is a growing producer in a rapidly growing market. We are pleased to have been selected as its licensor in this latest production expansion.”
The flexibility of the ExxonMobil LDPE technology will enable PTTChem to produce an extensive grade slate. The products produced by the ExxonMobil technology can be used in a variety of applications, including film packaging, injection-molded articles, insulation materials, pipe and tubing.
ExxonMobil technology offerings span petrochemical and polymer sectors including manufacturing technologies for tubular / autoclave LDPE, polypropylene, xylene, paraxylene, benzene, mixed xylenes, ethylbenzene, cumene, propylene and ethylene with supporting proprietary catalyst offering in the aromatics process technology areas.
PTT - Its core products ethylene and propylene which are supplemented by a number of commercially valuable by-products that figure in the production of a wide range of downstream petrochemical products.
ExxonMobil Chemical Technology Licensing LLC
marketing@alchempro.com
