INEOS licenses technology to NKNH for new Russia polyethylene projects
The Innovene G and Innovene S polyethylene technologies from INEOS have been licensed to OAO Nizhnekamskneftekhim (NKNH) for the company's new petrochemical project at Nizhnekamsk in Russia's Republic of Tartarstan, officials said on Thursday.
The 300,000 tpy Innovene G and 300,000 tpy Innovene S polyethylene plants will be part of a larger expansion at the complex, according to NYNH officials. The planned commissioning for the complex is in 2015 or 2016.
"By signing the license agreement for INEOS technology, we will be able to produce various grades of polyethylene and be competitive not only in Russia and CIS, but also in other foreign countries," said Vladimir Busygin, general director of OAO Nizhnekamskneftekhim.
The combination of Innovene G gas phase fluid bed and Innovene S slurry phase HDPE provides OAO Nizhnekamskneftekhim with a complete product portfolio, according to the company.
The INEOS HPLL metallocene LLDPE film products will be featured in the product slate along with state of the art PE-100 pipe grades, premium bimodal HMW HDPE film, bimodal blow molding and HDPE commodity molding grades.
The carbon black compounding technology from INEOS will ensure ISO PE-100 qualification of the pipe grades, according to project officials.
"INEOS Technologies is very proud of the fact that OAO Nizhnekamskneftekhim has chosen Innovene G and Innovene S to supply their full range of PE needs for the new petrochemical project in Nizhnekamsk," said Peter Williams, CEO of INEOS Technologies.
"Our polyethylene technology has been recognised as a worldwide leader and we are confident that it will serve OAO Nizhnekamskneftekhim's long-term marketing needs domestically and in export markets."
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