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Ecopetrol awarded contract to deliver propylene to its Comai subsidiary

October 11/2017

MOSCOW (MRC) Ч Ecopetrol S.A. announces that has signed a contract to supply refinery-grade propylene (RGP) to its subsidiary Compounding and Masterbatching Industry Ltda (Comai Ltda) from October 2017 to August 2022, said Hydrocarbonprocessing.

The estimated value of this contract is USD160 MM, for the approximate supply of 315,000 t during its lifetime.

Entering into this long-term agreement is a significant boost to the development of the country's petrochemical industry, while at the same time generating value for the Ecopetrol Group.
Author:Anna Larionova
Tags:petroleum products, petrochemistry, Crude oil.
Category:General News
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