Hyundai Engineering and Turkmengas select INEOS Technologies' process for petrochemical complex

12-Jun-2014 - Turkmenistan

INEOS Technologies announces that it has licensed its Innovene™ S process to Hyundai Engineering Co., Ltd. for the Turkmengas new greenfield world-scale petrochemical complex in the Balkan Region of Turkmenistan.

The contract for construction of the gas chemical complex in Turkmenistan, including polyethylene, will be built by a consortium consisting of LG International Corporation, TOYO Engineering Corporation) and Hyundai Engineering Co. Ltd. This is the first Innovene™ S license awarded to INEOS Technologies in Central Asia.

The complex, which will be operated by Turkmengas, will include a 386,000 MTA line of high density polyethylene (HDPE) using Innovene™ S technology alongside a 50,000 MTA INEOS Black Compounding line.

The companies have now begun the engineering phase of the project. 

Other news from the department business & finance

Most read news

More news from our other portals

Is artificial intelligence revolutionising chemistry?