Ineos Technologies wins PP and HDPE technology license contracts in China

10-22-2009: INEOS Technologies announced that it has licensed its ‘Innovene PP Process’ for the manufacture of homopolymers, random and impact copolymers and its ‘Innovene S Process’ for the manufacture of HDPE and MDPE to the Yulin Energy and Chemical Co., Ltd. of Yanchang Petroleum Group Co., in Shaanxi, China. The 300 KTA Innovene PP plant and the 300 KTA Innovene S plant will produce a wide range of products to serve the growing demand of China.

Peter Williams, CEO of INEOS Technologies, commented: "INEOS Technologies is proud of the fact that Yanchang Petroleum Group Co. has chosen INEOS’ technology platforms to be key assets in their petrochemical expansion. We look forward to ensuring that the planned investments benefit fully from our continuing investment in the advancement of our technologies.”