ExxonMobil Chemical Technology Licensing, LLC has signed an agreement with Saudi International Petrochemical Company (Sipchem) to license ExxonMobil's tubular high pressure low density polyethylene process (HPPE) technology for Sipchem's new world-scale 200,000 mtpa ethylene vinyl acetate (EVA) plant. The new plant will be built at Sipchem's site in Jubail Industrial City, Kingdom of Saudi Arabia and will be operational by the end of 2013. ExxonMobil's state-of-the-art technology will enable Sipchem to produce a range of needed EVA grades for the first time in the Middle East.
The highly efficient and flexible design of the Sipchem plant will be based on current state-of-the-art reactors operated by ExxonMobil Chemical to manufacture EVA and low density polyethylene (LDPE) products, allowing for Sipchem to produce a wide range of both EVAs and LDPE grades. In addition to Sipchem, ExxonMobil has eight licensees of its proprietary HPPE process technology around the world.