ECI Group has signed two license agreements for Process Technology and Engineering Design with a confidential client in China, said Hydrocarbonprocesing.
The two lines will be capable of producing 50,000 tons per year of Ethylene Butyl Acrylate (EBA) and 100,000 tons per year of Ethylene Vinyl Acetate (EVA) respectively, with the ability to produce other associated high-pressure copolymers in the future.
The plants will be part of the client’s refining and petrochemical integrated project, a mega complex to be located in the Province of Jiangsu. ECI Group will provide the technology, design, and training for the two lines, as well as support through commissioning, start-up, and production.
Repsol, the multi-energy company, is the technology partner of ECI Group and will provide its extensive technical expertise on these kinds of plants and products. Repsol has several LDPE, EVA, and EBA plants in its industrial complexes in Spain and Portugal and has over 40 years of experience producing polymers in high-pressure facilities.
The plants will use high-pressure autoclave technology that has its roots in the heritage ICI process to manufacture of Polyethylene. ICI first created LDPE in the 1930s, and ICI partnered with ECI Group’s subsidiary company Simon Carves over five decades to deliver over 67 operating reactor lines around the world. The ECI Group design offers significant improvements in the product range, reliability, and expandability to the original ICI technology, and is optimized to make use of modern materials, design techniques, standards, and industry best practices for construction, operation, and maintenance.
While the client declined to provide a comment citing project confidentiality, they noted that they had reviewed a number of technology options and made the decision to select ECI Group’s autoclave technology for a number of important reasons including the unmatched product range, lower operating costs and the design built for future expansion of capacity and product development capabilities. They also recognized Repsol’s reputation as a long-standing producer of high-quality products, and expressed their desire to work with both partners for a fruitful long-term cooperation.
As per MRC, Repsol's Board of Directors today approved the sale of a 25% stake in Repsol Renewables to the consortium formed by the French insurance company Credit Agricole Assurances and Switzerland-based Energy Infrastructure Partner (EIP) for EUR905 mln.
As per MRC, Repsol will invest EUR105 mln in the Puertollano Industrial Complex to build the first plant in the Iberian Peninsula capable of manufacturing ultra high molecular weight polyethylene (UHMWPE), a material considered a 'super polymer' due to its exceptional properties. This new plant will be operational by the end of 2024 and will have an annual capacity of 15,000 tons. For the construction of the plant, Repsol has selected the technology of DSM, a renowned UHMWPE producer based in the Netherlands. This involves the use of cutting-edge, proven technology that adapts to the needs of customers.
mrchub.com