Union Carbide licenses UNIPOL technology Jiutai Energy

Union Carbide licenses UNIPOL technology to Jiutai Energy

4:55 AM, 12th September 2012
Union Carbide licenses UNIPOL technology to Jiutai Energy

MIDLAND, US: Jiutai Energy (Zhungeer) Co Ltd, a subsidiary of Jiutai Energy Group, has signed a license agreement with Union Carbide Chemicals & Plastics Technology LLC, a wholly owned subsidiary of The Dow Chemical Company for a 350 kilo tonne per annum methanol-to-olefin based polypropylene plant. Jiutai will license UNIPOL Polypropylene Process Technology from Dow Licensing & Catalysts to produce homopolymers, random copolymers and impact copolymers.

Methanol-to-olefin polypropylene production is gaining popularity in China due to the region’s abundant coal reserves. In addition, Chemical Market Associates, Inc (CMAI) reports that China is experiencing a polypropylene market growth rate of 7 per cent per year, compared to a 5.2 per cent per year global market growth rate, due to a fast growing economy and a drive to become less reliant on imported raw materials. The plant is targeted to start-up in 2015 in Zhungeer Qi, Ordos City, Inner Mongolia.

“The UNIPOL PP Process will give Jiutai the competitive edge in the growing polypropylene market in China. Our UNIPOL Process Technology has been steadily gaining momentum in China and throughout Asia as this region continues to experience growth rates exceeding global rates,” said Tracy Cleckler, President, Union Carbide.

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