Shell finalises licensing contract with PetroChina Sichuan Petrochemical Co Ltd

19-Mar-08
Royal Dutch Shell Plc has inked a petrochemical tech licensing contract with PetroChina Sichuan Petrochemical Co Ltd, a unit of China National Petroleum Corporation (CNPC). PetroChina Sichuan will apply Shell's ethylene oxide/ethylene glycol (EO/EG) process technology in a new petrochemical plant near Chengdu, in southwest China. Capacity at the plant will include 380,000 tpa mono thylene glycol (MEG) and 50,000 tpa EO when production commences by the end of 2010. This is Shell's sixth EO/EG license to China and the third to CNPC.
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