Page 22 - Plastics News July 2017
P. 22

COMPANY NEWS



          CB&I awarded  contract for a                           Gravita India starts commercial

          grassroots ethylene complex in                         production at 6,000 mtpa at
          South Uzbekistan                                      for the production of olefins, which can then be used for
                                                                 Jaipur recycling unit
                                                                the production of high-value polymer products.
             B&I has been awarded a technology contract by Shurtan   ravita India started commercial production of

          CGas Chemical Complex LLC (SGCC) for a grassroots  Gwashed polypropylene by installing new automated
                                                                eco-friendly washing line having annual capacity of 6,000
                                                                mtpa at its existing recycling unit situated in Jaipur. An
                                                                investment of approximately Rs 1.5 crore has been made
                                                                for procuring and commissioning of this plant which is
                                                                invested from internal accruals.
                                                                The company  said ini ts filing that it has started
                                                                commercial  production  of  washed  polypropylene  by
                                                                installing new automated eco-friendly washing line having
                                                                annual capacity of 6,000 MTPA at its existing recycling
                                                                unit situated in Jaipur. Gravita India shares gained 4
                                                                percent intraday  Tuesday after the company started
                                                                commercial production of polypropylene. It has made
                                                                investment of approximately Rs 1.5 crore for procuring
                                                                and commissioning of this plant which is invested from
                                                                internal accurals.

          ethylene complex to be built in southern Uzbekistan. The   Navin Prakash Sharma, President & CEO of Gravita India
          scope of work includes the license and basic engineering
          of an ethylene unit, which will use four proprietary SRT
          heaters, a Hexene-1 unit and a polypropylene unit. The
          Hexene-1 unit will use CB&I's Comonomer Production
          Technology for the production of Hexene-1 from low-cost
          C4s, and the polypropylene unit will use CB&I's Novolen®
          gas-phase polypropylene technology for the production of
          full range polypropylene products.

          "CB&I looks forward to providing multiple technologies to
          SGCC's complex," said Daniel M. McCarthy, CB&I's Executive
          Vice President of Technology.

          "This is the second ethylene unit supplied to the
          complex, which reinforces our presence in central Asia   said  that this plant will help in manufacturing more value
          and illustrates how our breadth of technologies can be
          packaged to deliver a complete solution to our customers   added products. The automated eco-friendly washing
          through a single point of contact." Uzbekistan made the   line plant will strengthen plastic recycling segment of
          strategic decision to use a synthetic naphtha product from   the company that expects an increase of Rs 3 crore in
          its Gas-to-Liquids plant located in the Kashkadarya region   bottomline.



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