Mitsubishi licenses Oxo T-process technology QP- Shell JV

Mitsubishi licenses Oxo T-process technology to QP- Shell JV

5:33 AM, 10th January 2013
Mitsubishi licenses Oxo T-process technology to QP- Shell JV

TOKYO, JAPAN: Mitsubishi Chemical Corporation reached a mutual agreement with Qatar Petroleum (QP) and Shell Chemicals to license its production technology of oxo alcohols through Mitsubishi Chemical Engineering Corporation, the sub licensor of the oxo technology.

QP and Shell have been developing a world-scale petrochemicals project in Ras Laffan Industrial City in Qatar, which has been named Al-Karaana Petrochemicals Complex.  The project, which is planned to utilize feedstock derived from natural gas, will include a steam cracker, oxo alcohols, mono-ethylene glycol and linear alpha olefins plants. The Front-End Engineering and Design (FEED) contract is expected to be awarded in 2013.

The selection of key technologies for the derivative processes has been completed. The project has selected the ‘OXO T-Process,’ which is Mitsubishi’s proprietary technology, for the oxo derivative unit with an annual capacity of 250 thousand tonne. Mitsubishi is committed to further expand the oxo technology licensing business in the global market where the continuous growth of the demand for the oxo alcohols is promising.

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