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07-24-2007: Aker Kvaerner has been awarded a contract by ShenHua Baotou Coal Chemicals Co., Ltd for a new polypropylene (PP) and polyethylene (PE) facility at its coal chemical complex in Baotou, Inner Mongolia, People's Republic of China. Aker Kvaerner is providing the basic engineering design, technical advisory services, and certain offshore equipment procurement service. The contract value to Aker Kvaerner was not disclosed.

ShenHua Baotou is part of ShenHua Group Corporation Limited. The project will utilise UNIPOL(TM) PP Technology from The Dow Chemical Company and Univation's UNIPOL(TM) PE technology - two of the core technologies in the Aker Kvaerner Process portfolio. Both the new plants will have a capacity of 300,000 metric tons per annum (tpa). The project commences this month, and the PP plant start-up is expected in latter half of 2010.

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