Aker Kvaerner wins Polypropylene project in China

Aker Kvaerner has been awarded a contract with China Petroleum Material & Equipment (Group) Corporation (a subsidiary of China National Petroleum Corporation) for the basic engineering design and supply of certain equipment for a new Polypropylene plant at the PetroChina GuangXi Petrochemical Company complex in GuangXi Province, People's Republic of China.

Aker Kvaerner has been awarded a contract with China Petroleum Material & Equipment (Group) Corporation (a subsidiary of China National Petroleum Corporation) for the basic engineering design and supply of certain equipment for a new Polypropylene plant at the PetroChina GuangXi Petrochemical Company complex in GuangXi Province, People's Republic of China. The contract value to Aker Kvaerner was not disclosed.
 
Aker Kvaerner is providing the basic engineering design, together with certain offshore equipment, from its offices in the Netherlands. GuangXi is an integrated refinery complex with downstream facilities for the production of a wide range of products. The new Polypropylene plant will have a capacity of 200,000 metric tons per annum (tpa). Plant start-up is expected in 2008.
 
The project will utilise The Dow Chemical Company's UNIPOL(TM) polypropylene technology, one of the core technologies in the Aker Kvaerner process portfolio.
 
This additional Polyolefins project places Aker Kvaerner amongst the world leading contractors in this field. Wim van der Zande, President of AK Process, said, "We are delighted to be working on this new project for PetroChina, a key client for Aker Kvaerner and one of the largest producers of petrochemical products in China.
 
"We're already involved with their new full density Polyethylene plant at the Dushanzi complex in Xinjiang province. Given our in-depth experience across a large proportion of the UNIPOL(TM) PP lines around the world, coupled with our considerable local knowledge of working in the Chinese market, we are well placed to execute this project to a high quality and on schedule," he added.
 
The success of the Dow UNIPOL(TM) PP process, which involves production of polypropylene in a low pressure gas phase reactor, places Dow among the world leaders in polypropylene technology. The total number of UNIPOL(TM) PP lines either installed or under construction around the world is now over 40. Of these, 8 have been designed and/ or built by Aker Kvaerner, making the company one of the most experienced UNIPOL(TM) PP contractors in the industry.

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