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Zhejiang Satellite commissions its second C3 Oleflex unit for propylene production

September 11/2019

MOSCOW (MRC) -- Zhejiang Satellite Petrochemical Co. has started up a second propylene plant using Honeywell UOP's C3 Oleflex technology at a new petrochemical complex in China, as per GV.

The new unit has the capacity to produce 450,000 t/y of polymer-grade propylene.

With the first unit, which was started up in late 2014, Zhejiang Satellite now has a production capacity of 900,000 t/y. Honeywell UOP's C3 Oleflex technology uses catalytic dehydrogenation to convert propane into propylene.

"The technology is designed to have a lower cash cost of production and higher return on investment compared with competing technologies," Honeywell noted.

Propylene is the main feedstock for producing polyprolypele (PP).

According to MRC's ScanPlast report, the estimated consumption of PP in the Russian market totalled 694,210 tonnes in January-June 2019, up by 14% year on year. The supply of propylene block copolymers (PP-block) and propylene homopolymers (PP-homo) increased.

Zhejiang Satellite Petrochemical Company Limited develops, manufactures and sells acrylic acid esters, methacrylic acids, pigment intermediates, acrylic emulsion polymers, super absorbent polymers, and other acrylic downstream products.
Author:Margaret Volkova
Tags:PP, PP block copolymer, homopolymer PP, propylene, Zhejiang Satellite Petrochemical, China, Russia.
Category:General News
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