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HA LONG, Vietnam, Nov. 2, 2022 /PRNewswire/ — Stavian Quang Yen Petrochemical Plant introduced selecting know-how licenses from Honeywell UOP (USA) and Basell Poliolefine Italia (Italy) for its Polypropylene manufacturing. The venture is predicted to strengthen the exports of petrochemical merchandise to worldwide market and home supply.
On the morning of November 1, 2022, the Know-how License Settlement Signing Ceremony for the Stavian Quang Yen Petrochemical Plant venture passed off in Ha Lengthy metropolis, Quang Ninh province. Attending the occasion had been representatives of the Ministry of Business and Commerce, Quang Ninh Folks’s Committee and the representatives of Departments of Quang Ninh province.
The venture traders have chosen know-how licenses from Honeywell UOP and Basell Poliolefine Italia, two of the world’s main superior applied sciences, for its Polypropylene manufacturing. Other than the cutting-edge know-how, Stavian Quang Yen Petrochemical Plant will likely be geared up with a high-tech, automated, and eco-friendly manufacturing line imported from EU and G7 nations.
Particularly, as a part of its sustainable dedication, Stavian Quang Yen Petrochemical signed a Memorandum of Understanding with Bac Tien Phong Industrial Zone on analysis and making use of extra superior options to optimize water use in manufacturing.
Dinh Duc Thang, Chairman cum CEO of Stavian Quang Yen Petrochemical JSC mentioned:
“Polypropylene is a crucial enter materials for a lot of manufacturing industries comparable to vehicles, electronics, plastics, textiles, medical, prescription drugs, cosmetics, building, packaging, FMCG, agriculture, and many others. We consider that the Stavian Quang Yen Petrochemical Plant Challenge will make an enormous contribution to the numerous development of Stavian Group and ship top quality merchandise to regional and worldwide market.”
On the occasion, representatives of Honeywell UOP and Basell Poliolefine Italia had extra in-depth sharing on superior and eco-friendly know-how for Polypropylene manufacturing. Accordingly, the C3 Oleflex™ know-how supplied by Honeywell UOP has low power consumption, low emissions, and a totally recyclable, platinum-alumina-based catalyst system to assist decrease its influence on the setting to the bottom.
Keith Sofa, Vice President of Enterprise Growth, Honeywell UOP commented:
“The C3 Oleflex™ course of is the most recent technology to transform propane to propylene. This helps the Plant to flexibly use any out there propane sources available on the market. Honeywell UOP has all the time utilized the best requirements of high quality, security, well being safety, and environmental safety in our know-how design”.
Enjoying a vital position in Polypropylene manufacturing, Basell Poliolefine Italia’s Spheripol™ know-how possesses important product functionality and flexibility that’s confirmed by lots of of present commercially operated strains out there. Moreover that, Spheripol™ can also be featured with a protected, steady, energy-saving, and eco-friendly design.
Neil Nadalin, Director of World Licensing & Service, Basell Poliolefine Italia added:
“The collection of the Spheripol™ course of will allow Stavian to provide benchmark polypropylene resins in state-of-the-art course of know-how, permitting them to serve finest the steep rising market in Asia.”
So far, the Stavian Quang Yen Petrochemical Plant venture has nearly accomplished its funding preparation procedures in accordance with Vietnamese rules. As a top quality supply of Polypropylene, the plant helps diversify the supply of petrochemical merchandise in each regional and worldwide markets.
About Stavian Quang Yen Petrochemical
Stavian Quang Yen Petrochemical Plant is constructed on an space of 30 hectares in Bac Tien Phong Industrial Zone at Tien Phong commune, Quang Yen city, Quang Ninh province. The venture has an estimated complete funding of as much as 1.5 billion USD with a manufacturing scale of 600,000 tons of Polypropylene per 12 months. Stavian Quang Yen Petrochemical JSC is the investor of the Challenge with the principle area of enterprise together with the manufacturing and buying and selling of petrochemical merchandise.The corporate was established by 02 primary shareholders: Stavian Group and Yen Hung Liquid Port Joint Inventory Firm (YHLP).
SOURCE Stavian Quang Yen Petrochemical
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