Mitsubishi Heavy Industries : MHI Named To Build Large-Scale Polyethylene Plant Project for ExxonMobil in the USA
November 29, 2016 at 09:11 pm EST
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Tokyo, November 30, 2016 - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for supply of systems to support a large-scale polyethylene production train for ExxonMobil's Beaumont Polyethylene plant. The new production train is slated to be completed in 2019, and will produce 650,000 tons of polyethylene per year. MHI is currently building a Polyethylene plant comprising of 2 units, each with the same scale of production capacity, at ExxonMobil's Mont Belvieu, Texas facility, making this the third order following the completion in 2011 of a polyethylene plant in Singapore.
MHI will supply the reaction, finishing, and shipping equipment for the plant, as well as utility facilities for water, air and steam.
Polyethylene is a chemical that is used in the production of plastic products such as construction films, grocery bags, and product packaging.
MHI has participated in the project throughout the various stages of ExxonMobil's planning. In addition, MHI has a proven track record fulfilling orders for large compressor turbines for ethylene and LNG (Liquefied Natural Gas) liquefaction plants for ExxonMobil.
MHI's President and CEO, Shunichi Miyanaga, commented, 'I feel very honored to have received consecutive orders from ExxonMobil, the leader in the petrochemical industry. We will aim to deliver a high quality plant, placing the utmost importance on safety management, just as with our other projects in Texas and Singapore.'
The U.S. market for chemical plants is highly active, owing to increasing production of shale gas. In April 2016, Mitsubishi Heavy Industries America, Inc. (MHIA) moved its headquarters from New York to Houston, the home of major chemical plant customers. Going forward the company will undertake proactive sales activities in the increasingly vibrant U.S. chemical plant market.
Mitsubishi Heavy Industries Ltd. published this content on 30 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 November 2016 02:11:09 UTC.
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Mitsubishi Heavy Industries, Ltd. is a diversified group organized around 4 business segments:
- manufacturing of systems and components for energy production units (42.6% of net sales): offshore wind turbines, pumps, turbochargers, reactors, compressors, aero-engines, gas turbines, nuclear power generators, etc.;
- shipbuilding and industrial construction (41.1%): construction of ships, land transport systems, machinery and industrial installations, environmental systems (industrial wastewater treatment systems, air pollution control units, marine pollution prevention systems, waste incinerators, etc.), handling equipment, machine tools, air conditioning and refrigeration systems, toll systems, etc.;
- construction of avionics, defence and aerospace systems (15.7%);
- other (0.3%).
Net sales are distributed geographically as follows: Japan (48.9%), Asia (17.4%), the United States (14.8%), Europe (9.4%), Middle East (2.9%), Central and South America (2.8%), Africa (1.3%) and other (2.5%).