Startup of World’s Largest EPT Plant in Shanghai
December 12, 2014
Mitsui Chemicals, Inc.
China Petroleum & Chemical Corp.
Shanghai Sinopec Mitsui Elastomers, Co., Ltd.
Mitsui Chemicals, Inc. (Tokyo, Japan; President & CEO: Tsutomu Tannowa, “MCI”) and China Petroleum & Chemical Corp. (Beijing, China; President: Li Chunguang,”Sinopec”）announced the startup of one ofthe world’s largest EPT (ethylene-propylene-dieneterpolymer) plantfor a single trainunder their joint venture, Shanghai Sinopec Mitsui Elastomers, Co., Ltd. (Shanghai, China; Chairman：Hou Yong, “SSME”).
EPT, which has superior resistance to heat and cold, UV rays, and chemicals, in addition to good electric insulation and other exceptional properties, is widely used in automotive parts(glass run channel, weatherstripsponge, etc.), electric cables, and other industrial materials. With the rapid growth of the Chinese automotive industry and expansion of its social infrastructure (railways, etc.), the demand for EPT has increased significantly.
Commencement of full scale commercial operation of the plant will provide the Chinese market with superior quality, performance-driven functional materials backed by extensive technical services. The joint venture’s EPT plant will stably supply superior quality EPT to meet the growing needs in the Chinese market.
EPT Plant
SSME Entrance
＜ SSME and Plant Outline ＞
| (1) Company name | Shanghai Sinopec Mitsui Elastomers, Co., Ltd. |
|---|---|
| (2) Location | Shanghai Chemical Industry Park, Shanghai, China |
| (3) Establishment | May 28, 2012 |
| (4) Capital | 630 million RMB |
| (5) Ratio | MCI 50％、Sinopec 50％ |
| (6) Business area | Manufacture, sales of EPT and provision of technical services |
| (7) Product name | Sinopec Mitsui EPT™ |
| (8) Production capacity | 75,000 metrictonnes/year |
| (9) Technology | Mitsui Chemicals’ metallocene catalyst technology |
About Sinopec Corp.
Sinopec Corp. is one of the largest integrated energy and chemical companies
in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the sale, storage and transportation of petroleum products,petrochemical products, coal chemical products, synthetic fibre, fertilizer and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information.
Sinopec sets ‘fueling beautiful life’ as its corporate mission, puts ‘people, responsibility, integrity, precision, innovation and win-win’ as its corporate core values, pursues a strategy of resources, markets,integration, international operation, differentiation, and low-carbon, and strives to achieve its corporate vision of building a people-oriented world leading energy and chemical company.
Attachment
Startup of World’s Largest EPT Plant in Shanghai (PDF : 111.01KB)
