Shell Licenses EO-EG Process to PetroChina Subsidiary

Shell Global Solutions International, a Shell subsidiary, says it has signed a contract to license 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 petchem 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 end of 2010. The deal...

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