New line has a production capacity of over 450,000 metric tons per year and has the capability to produce the entire polypropylene portfolio, including a broad range of products including homopolymer, impact copolymer and random copolymers.
The project, which will be conducted in two phases, marks the 42nd and 43rdawards for C3 Oleflex technology in China, which has seen strong growth as demand continues to rise for propylene, the primary component in many plastic resins, films and fibers.
Milliken will help fund the coalition’s efforts to enhance the PP recycling infrastructure nationwide, establish consumer education programs that encourage curbside recycling, and help enable a robust supply of high-quality recycled PP for packaging producers through the company’s own product portfolio.
Novel phosphate ester is low foaming and easy to use in a variety of metal working formulations.
This marks the second billion dollar investment by Silver Lake in a Reliance Industries subsidiary after the $1.35 billion investment in Jio Platforms announced earlier this year.
A project start-up date of Q4 2022 is targeted for the first line.
The solution will be deployed to help improve refinery margins with real-time, closed-loop, dynamic optimization increasing the flexibility of operations.
With an annual PTA production capacity of 1.5 million tons, this would be the largest single-stream design capacity licensed by Invista.
Aim of the partnership is to encourage the construction of factories that produce petrochemical import substitutions and expected to develop the petrochemical business in the Indonesia.
The award increases the total amount of licensed volume for Novolen technology worldwide to more than 17 million m.t./yr.
Company will install eight new furnaces in place of 16 older units without reducing capacity at the facility.
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The proposed unit will have a Calcined Needle Coke (CNC) production capacity of 56 KTPA.
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Honeywell will supply its Oleflex technology for a plant with capacity for 750,000 metric tons/year of propylene.
The company may declare force majeure on certain shipments.
The multi-billion-dollar integrated project aims at producing Euro-V fuels and Polypropylene for the domestic and regional market.
Company has developed natural biomass biodegradable resin based paint, coating material with anti-bacteria, anti-virus effect.
With its enhanced oil recovery (EOR) technologies, the unit will help revive oilfield in decline by maximizing extraction efficiency from the reservoir.
The complex will supply polyolefin products for various industries in China, including packaging, transportation, building and construction, and healthcare and hygiene.
Total income for the quarter under review fell by 41.32 per cent to Rs 79.09 crore.
When operational in 2021, the plant will be the first of its kind in the Iberian Peninsula which will produce highly specialized polymers with great added value for the automotive sector due to their extraordinary resistance to impacts, positively affecting safety.
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