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February 16, 2006 - ExxonMobil Chemical Technology Licensing LLC announced
today that it has signed a licensing agreement with Thailand’s PTT Chemical
Public Company Limited, (PTTChem), for production of low-density polyethylene
(LDPE) and ethylene vinyl acetate (EVA) in a 100 KTA autoclave system.
PTTChem, an affiliate of PTT Group and the largest producer of ethylene and
propylene monomer in Thailand, also produces HDPE and supports their
downstream petrochemical plants with a variety of utilities and logistics
facilities.
“We selected ExxonMobil’s autoclave technology because of its proven
performance in plants around the world, its cleanliness, safety and excellent
conversions,” said Suphon Tubtimcharoon, PTTChem's senior executive vice
president marketing and commercial. "This technology offers us a
cost-effective way to meet demand for LDPE/EVA in this region.”
Neil Chapman, vice president, Global Polyethylene Business, ExxonMobil
Chemical Company, said, “PTTChem is a growing producer in a rapidly growing
market. We are pleased to have been selected as its licensor in this latest
production expansion.”
The flexibility of the ExxonMobil LDPE technology will enable PTTChem to
produce an extensive grade slate. The products produced by the ExxonMobil
technology can be used in a variety of applications, including film packaging,
injection-molded articles, insulation materials, pipe and tubing.
ExxonMobil Chemical Technology Licensing, LLC is a globally recognized
licensor of proprietary technologies, either directly or through arrangements
with other licensing companies. The technology offerings span petrochemical
and polymer sectors including manufacturing technologies for tubular /
autoclave LDPE, polypropylene, xylene, paraxylene, benzene, mixed xylenes,
ethylbenzene, cumene, propylene and ethylene with supporting proprietary
catalyst offering in the aromatics process technology areas. For additional
information see the ExxonMobil Chemical web site at www.ExxonMobilChemical.com
and click on the "Technology" menu.
ExxonMobil Chemical is a global leader in technology, product quality and
customer service with petrochemical manufacturing and/or marketing operations
in more than 150 countries around the world. Its products include olefins,
aromatics, fluids, synthetic rubber, polyethylene, polypropylene, oriented
polypropylene packaging films, plasticizers, synthetic lubricant basestocks
and additives for fuels and lubricants.
Editor’s notes:
1) ExxonMobil and the ExxonMobil logo are trademarks or registered trademarks
of Exxon Mobil Corporation.
2) The terms "ExxonMobil", "ExxonMobil Chemical", and "ExxonMobil Chemical
Technology Licensing LLC" refer collectively to some or all of the companies
affiliated with Exxon Mobil Corporation which have chemical manufacturing
and/or marketing operations around the world.
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ExxonMobil News Media Desk: 281-870-6607
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PTTChem will use ExxonMobil autoclave technology also employed at the
ExxonMobil polymers plant in Antwerp, Belgium.
Click here for a larger photo.
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