MHI and Sojitz Receive Order for New Acrylic Acid Plant Construction from Gazprom Group Company of Russian Republic of Bashkortostan
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MHI and Sojitz Receive Order for New Acrylic Acid Plant Construction from Gazprom Group Company of Russian Republic of Bashkortostan - JCN Newswire
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MHI and Sojitz Receive Order for New Acrylic Acid Plant Construction from Gazprom Group Company of Russian Republic of Bashkortostan

Tokyo, Dec 18, 2012 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) and Sojitz Corporation of Japan, jointly with Renaissance Construction (RC), have received an order from JSC Gazprom Neftekhim Salavat (GNS) of the Republic of Bashkortostan, Russian Federation, for a project to construct a new acrylic acid plant capable of producing acrylic acid, butyl acrylate, and glacial acrylic acid concurrently, which process technology is licensed by Mitsubishi Chemical Corporation (MCC).

The plant is planned to annually produce 80,000 metric tons of acrylic acid, 80,000 metric tons of butyl acrylate and 35,000 metric tons of glacial acrylic acid, and it is expected to reach its projected capacity in the year of 2015.

JSC Gazprom Neftekhim Salavat (GNS) is a subsidiary company of Gazprom group, which has facilities of oil refining and gas chemical products. Recently GNS has steadily implemented their investment plans for its higher efficiency, including the rehabilitation of their refineries and ethylene plants. This new plant for acrylic acid, butyl acrylate, and glacial acrylic acid is for GNS to expand the chemical product production in Russian and CIS market.

This order contract is on lump-sum turn-key basis, covering engineering, procurement and construction (EPC), which is the first EPC petrochemical project in the Republic of Bashkortostan. It is highly expected that the project will have a stimulatory influence on further modernization of the petrochemical sector in Gazprom group.

About Mitsubishi Heavy Industries

Since its foundation in 1884, Mitsubishi Heavy Industries (MHI) has sought pioneering new monodzukuri (manufacturing) techniques, building the foundations for the development of the entire industry. Today, with environmental and energy issues to the fore, MHI provides people around the world with eco-friendly products, and contributes to society through its involvement in global infrastructure projects and other business activities. For more information, please visit the MHI website at www.mhi.co.jp.

Contact:

Mitsubishi Heavy Industries
Hideo Ikuno
h.ikuno@daiya-pr.co.jp
+81-3-6716-5277

 


Dec 18, 2012
Source: Mitsubishi Heavy Industries

Mitsubishi Heavy Industries (TSE: 7011) (U.S: MHVYF)

From the Japan Corporate News Network
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Topic: Contract Awarded
View more news from these Sectors: Engineering


 
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