Ineos Technologies (Rolle, Switzerland; www.ineos.com) has licensed its Innovene S process to Hyundai Engineering Co., for the Turkmengas new greenfield world-scale petrochemical complex in the Balkan Region of Turkmenistan.
The contract for construction of the gas chemical complex in Turkmenistan, including polyethylene, will be built by a consortium consisting of LG International Corp., TOYO Engineering Corp. and Hyundai Engineering Co. This is the first Innovene S license awarded to Ineos Technologies in Central Asia.
The complex, which will be operated by Turkmengas, will produce 386,000 metric tons per year (m.t./yr) of high-density polyethylene (HDPE) using Innovene S technology alongside a 50,000-m.t./yr Ineos Black Compounding line.
The Turkmengas plant will serve their customers with a broad product range, including Bimodal PE 100 Pressure Pipe, ensuring a competitive advantage for their customers both in domestic and global markets.
The companies have now begun the engineering phase of the project.