INEOS Technologies will license its Innovene
polyethylene (PE) and polypropylene (PP) technologies to
Rosneft subsidiary VNHK, officials confirmed on Friday.
VNHK is building a petrochemical complex at Nakhodka in
Russias eastern Primorsky region.
All VNHK units will incorporate INEOS polymer technology advances and will ensure
a competitive advantage for petrochemical complex customers in
both domestic and global markets, the companies said.
Engineering work is now underway.
We are delighted that ROSNEFTs subsidiary, one
of the worlds leading oil and gas companies - following
the results of bidding - has selected INEOS as for execution of
Nakhodka petrochemical complex project, said Peter Williams,
CEO of INEOS Technologies.
The combination of broad product coverage and
excellent operability of the dual PE and PP platforms meets the
requirements of both existing and future markets
This marks the second time that Rosneft has chosen INEOS
Technologies for a new project. In 2010, Rosneft licensed
the Innovene 'S' technology for its JSC Angarsk
polymer plant in Angarsk.
Details on the specific Innovene technologies can be found
at the INEOS website by clicking here.