Business & Economics :: Latest News
March 28, 2008
Evonik and Sibur review options for cooperation
Evonik Industries AG (Essen, Germany; www.evonik.com) and the Russian JSC Sibur Holding (Moscow) have agreed to start an exclusive feasibility study regarding the possible construction of a facility to produce propylene oxide (PO), together with hydrogen peroxide, for use in the Russian Federation. The study is to be completed in the coming months and will determine possible locations and capacities.
Sibur is considering the construction of a PO plant that uses the new HPPO process, which produces propylene oxide from hydrogen peroxide (H2O2) and propylene in a low-cost and ecologically sound manner. Evonik and the engineering company Uhde GmbH (Dortmund, Germany; www.uhde.biz), jointly developed this HPPO process (CE, June 2006, p. 14) and are now licensing it to other chemical companies.
In mid-January, Evonik had started the operation of a significantly expanded hydrogen peroxide facility in Ulsan, Korea, in conjunction with its American joint venture partner, Headwaters of South Jordan, Utah. This facility will supply the Korean H2O2 market, while providing the Korean company SKC in Seoul with hydrogen peroxide, directly “over the fence” from the Ulsan site. In the coming months, SKC will begin operating one of the first global facilities for producing propylene oxide to use the new HPPO process under license from Evonik and Uhde.