Hyundai Engineering and Turkmengas select INEOS Technologies' process for petrochemical complex
INEOS Technologies announces that it has licensed its Innovene™ S process to Hyundai Engineering Co., Ltd. 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 Corporation, TOYO Engineering Corporation) and Hyundai Engineering Co. Ltd. This is the first Innovene™ S license awarded to INEOS Technologies in Central Asia.
The complex, which will be operated by Turkmengas, will include a 386,000 MTA line of high density polyethylene (HDPE) using Innovene™ S technology alongside a 50,000 MTA INEOS Black Compounding line.
The companies have now begun the engineering phase of the project.
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