HOUSTON--(BUSINESS WIRE)--GTC Technology has signed an agreement with Shandong Sincier Chemical Group (SSCG) to provide its GT-BTX® licensed technology for a 450,000 TPY aromatics extraction unit at a new refinery in Dongying, Shandong Province, People’s Republic of China.
The new unit is the eighth GT-BTX license in China and will play an integral role in the 5MM TPY refinery being constructed by SSCG. Start-up is planned for 2016.
GTC will also supply the basic engineering package, technical services, proprietary solvent and equipment.
“We are excited about this opportunity to provide SSCG with our GT-BTX® technology,” said Sam Kumar, President – GTC (Beijing) Technology Inc. “Our goal is to serve our clients with value-added performance from our technologies and by extension serve the Asian fuels and chemicals market.”
The BTX unit is GTC’s second project for SSCG, following an award for a light naphtha isomerization unit (the first in China) using GTC’s Isomalk-2℠ and Isomalk-3℠ technologies.
GTC Technology, based in Houston, Texas, is a global licensor of aromatics and polyester intermediates processes, offering many novel and cutting-edge processes. These include GT-BTX PluS®, GT-TolAlk℠ , Isomalk-2℠, Isomalk-3℠, Isomalk-4℠, and others.