Rochester, NY 8/25/2009 10:11:58 PM
News / Finance

PetroChina Company Limited ADR PTR, Polymer plants already a licensee

PetroChina Company Limited ADR

PetroChina Dushanzi Petrochemical Company in Xinjiang, started up both of their INEOS Technologies licensed polymer units within days of each other. The 300 KTA Innovene S high-density polyethylene plant is the first licensee line to start up using this latest generation of technology. In both cases successful and continuous plant production was obtained within minutes of catalyst introduction to the reactors.

CEO INEOS Technologies, stated that: “INEOS” Technologies is pleased that these plants will become part of the expansion of PetroChina’s polyolefins operations, contributing to the growing industry in China. The rapid start up of both plants provides testament not only to the quality of the technologies themselves, but also to the highly effective preparations and teamwork of PetroChina Dushanzi’s implementation teams, the service providers, and the INEOS start up teams.”

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