Mitsubishi Chemical licenses Oxo Alcohol technology to Qatar Petroleum and Shell Chemicals

15-Jan-13

Mitsubishi Chemical (MCC) has agreed to license its production technology of oxo alcohols to Qatar Petroleum and Shell Chemicals. The lisence will be granted through Mitsubishi Chemical Engineering Corporation, the sub licensor of the oxo technology. Qatar Petro and Shell have been developing a world-scale petrochemicals project in Ras Laffan Industrial City in Qatar, which has been named Al-Karaana Petrochemicals Complex. The project, which is planned to utilize feedstock derived from natural gas, will include a steam cracker, oxo alcohols, mono-ethylene glycol and linear alpha olefins plants. The Front-End Engineering and Design (FEED) contract is expected to be awarded in 2013. The selection of key technologies for the derivative processes has been completed. The project has selected the "OXO T-Process", which is MCC's proprietary technology, for the oxo derivative unit with an annual capacity of 250,000 ons. The OXO T-Process realizes stable production of first-class quality products. MCC has experience of operating its own oxo unit with this technology for more than twenty years at Mizushima plant site in Japan and in addition licensed the technology to the companies in China, Indonesia, and South Africa.