MOSCOW (MRC) -- Axens said on Tuesday that Taiwan-Japan Oxo Chemical Industries (TJOCI) will use Axens’ technologies and catalysts in its isononyl alcohol (INA) production plant, said Your Industry news.
In February 2015, CPC Corp. (Taipei), KH Neochem (KHNC; Tokyo) and Mega International Commercial Bank (MICB) signed an agreement setting up a joint-venture for the production of value-added petrochemical products. Under this agreement, TJOCI will invest NTD13.7 billion (USD413.6 million) to build an INA production plant at Kaohsiung, Taiwan. The plant is scheduled to begin commercial operations in 2019 with its initial annual production capacity of high value-added petrochemical products set at 180,000 tons of INA.
The INA is mainly used to produce diisononyl phthalate (DINP) which is a plasticizer. Thanks to its high level of performances, DINP is widely used for the manufacture of automotive parts, electric wires and cables as well as conducting materials. Demand for DINP, and hence also for INA, is expected to grow every year in the foreseeable future.This project is the largest single investment ever held by Japanese and Taiwanese companies in the petrochemical area in Taiwan.
As part of this project, Axens will provide a whole chain of technologies including MTBE and Dimersol-XTM technologies to ensure octenes production utilized for the synthesis of the INA via hydroformylation.
As MRC informed earlier, Hengli Petrochemical (Dalian) Co. Ltd. (HPDC) has let a contract to Axens SA, Rueil-Malmaison, France, to provide a suite of processing units and technologies for a grassroots crude-to-paraxylene complex under construction at its integrated refining and petrochemical project in Hengli Petrochemical Industrial Park (HPIP) on Changxing Island in Dalian, Liaoning Province, China.
Axens is an international provider of advanced technologies, catalysts, adsorbents and services. The main scope of Axens' business is focused on the conversion of oil, coal, natural gas and biomass to clean fuels as well as production and purification of major petrochemical intermediates. Axens’ global offer is based on: highly trained human resources, modern production facilities and extensive commercial feedback from plants using our processes and catalysts all around the world.
MRC