Clariant and CB&I Announces Plans to Construct New PDH Plant in China
China: Clariant SE, a Switzerland
based specialty chemicals manufacturer, in collaboration with its technology
partner, CB&I, is planning to build a new Propane Dehydrogenation (PDH)
unit in Dongguan City at Guangdong Province of China. The contract obtained from Dongguan
Grand Resource Science & Technology by Clariant SE and CB&I contains
details on the licence and engineering design of the new PDH unit. The new PDH
unit would be based on the Catofin catalytic dehydrogenation technology that
utilises Clariant's Catofin catalyst and Heat Generating Material (HGM). With
the strategic utilisation of Catofin catalyst and HGM, Clariant SE is aiming to
cut hazardous emissions from the plant and offer several commercial benefits to
its clients. The Catofin technology employed for petrochemical facility in
China, makes use of ideal temperature and pressure conditions, magnifying the
dehydrogenation of isobutene, propane or isopentanes to manufacture isobutylene,
propylene or amylenes respectively, at lower production costs.
TechSci
Research depicts that this new PDH
plant in China would help Clariant in improving the quality of its products.
The strategic adoption of Catofin catalytic dehydrogenation technology at this
facility would also maximise the production capacity of Clariant, which in turn
would help the company in catering to the demand generated by its customers
across the globe.
According to the recently published
report by TechSci Research, “Global
Propylene Market By Application, By Region, Competition
Forecast and Opportunities, 2011 - 2025”, the global propylene market is forecast to grow at a CAGR
around 6% during 2016-2025, on account of growing industrialization and rising
demand for demand for eco-friendly paints across commercial and residential set
ups. Additionally, announcements of various emerging OPT plants for propylene
coupled with smooth trading practices between countries is boosting global
propylene market. Furthermore, polypropylene is projected to dominate global
propylene market, on account of increasing government regulations for reducing
greenhouse gas emissions in environment supported by tremendous growth in the
production of light commercial vehicles and packaging industries. Few of the
leading players operating in global propylene market include Sinopec Corp.,
CNPC and ExxonMobil Corporation, among others.