(Dow) -- Jiutai Energy has signed a license agreement with Union Carbide Chemicals & Plastics Technology, a wholly owned Subsidiary of The Dow Chemical Company (Dow) for a 350 KTA methanol-to-olefin based polypropylene (PP) plant. Jiutai will license UNIPOL Polypropylene Process Technology from Dow Licensing & Catalysts to produce homopolymers, random copolymers and impact copolymers.
Jiutai Energy is the eleventh UNIPOL Polypropylene Technology licensee signed in China since 2006.
Methanol-to-olefin polypropylene production is gaining popularity in China due to the region’s abundant coal reserves. In addition, Chemical Market Associates, Inc. (CMAI) reports that China is experiencing a polypropylene market growth rate of 7 % per year - compared to a 5.2 percent per year global market growth rate - due to a fast growing economy and a drive to become less reliant on imported raw materials.
The UNIPOL PP process for polypropylene is a comprehensive technology and services package with established worldwide success. It combines product and catalyst know-how with leading gas-phase process technology and technology transfer expertise. Licensed by Union Carbide since 1985, UNIPOL PP technology is now available through Dow. Resins produced by UNIPOL polypropylene technology from Dow account for 17 percent of global polypropylene output.
MRC