China Petrochemical International Company Limited (a fully owned subsidiary of Sinopec) has agreed to license METEOR LEC EO/EG process technology from Union Carbide Chemicals & Plastics Technology Corporation, a subsidiary of The Dow Chemical Company, to build plants for SINOPEC Tianjin Branch and Zhenhai Refining & Chemical Company Ltd. Sinopec Tianjin Branch will build a 420 KTA monoethylene glycol (MEG) plant as part of its 1 million tpa ethylene cracker facility located in the Bohai Gulf. Zhenhai Refining & Chemical Co. Ltd. will build a 650,000 tpa MEG plant located in the southern region of mainland China.
METEOR EO/EG process technology is unique compared to other technologies, both because of the simplicity of its plant design and because of its EO catalyst, which provides the rare combination of high efficiency and activity. METEOR EO/EG process technology has a simpler design than other EO/EG technologies, resulting in significant savings for the company's licensees. Compared with other plant technologies, METEOR EO/EG process technology reduces equipment requirements and overall plot plan size, dramatically improves raw material utilization and requires less start-up capital. The simplicity of the METEOR process provides optimal reliability and ease of operation and maintenance.
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