Full-Tech (Changzhou) Chemistry & Development has taken the license of Innovene PP process from Ineos for the manufacture of polypropylene (PP) homopolymers, random copolymers and impact copolymers.
Full-Tech, a subsidiary of Fund Energy Investment Holdings Co., Ltd is setting up the 300 KTA PP plant in Changzhou, China and will produce a wide range of PP products to serve the growing market in China.
The feedstock for the polypropylene plant will be produced using locally sourced propylene via a Methanol-to-Olefins (MTO) process.
Peter Williams, CEO at Ineos said, “We are delighted that Fund Energy has chosen Innovene PP to establish their presence in the expanding PP market in China.”
“Ineos Technologies Innovene PP products have gained recognition as premium products in this demanding market,” he added.
Xia Ji, general manager of Full-Tech explained, "We chose Innovene PP Process because it offers broad product capability at low investment and operation cost.”
“The best quality of impact copolymer of Innovene PP has already been well recognized in China, which provides us a short cut into the premier market,” he said.