Shell Licenses EO-EG Technology to PetroChina

Shell Global Solutions International, a Shell Chemicals subsidiary, says it has signed a contract to license its ethylene oxide-ethylene glycol (EO-EG) technology to PetroChina Sichuan Petrochemical (PSP), a PetroChina subsidiary. Financial terms of the deal were not disclosed. PSP will use Shell’s EO-EG process and EO catalyst at a plant that will form part of a previously announced petrochemicals complex at Chengdu, China. PSP says the plant will produce 380,000 m.t./year of EG and 50,000 m.t./year of EO. The plant is scheduled to begin production by the...

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