ExxonMobil Announces LDPE Licensing Agreement in Thailand.HOUSTON -- ExxonMobil Chemical Technology Licensing LLC (NYSE NYSE See: New York Stock Exchange :XOM) announced today that it has signed a licensing agreement with Thailand's PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries. (2) See push-to-talk. PTT - Post, Telephone and Telegraph administration Chemical Public Company Limited, (PTTChem), for production of low-density polyethylene (LDPE LDPE abbr. low-density polyethylene ) and ethylene vinyl acetate (EVA Eva to marry winner of singing contest. [Ger. Opera: Wagner, Meistersinger, Westerman, 225–228] See : Prize 1. Eva - A toy ALGOL-like language used in "Formal Specification of Programming Languages: A Panoramic Primer", F.G. ) in a 100 KTA autoclave system. PTTChem, an affiliate of PTT Group and the largest producer of ethylene and propylene monomer in Thailand, also produces HDPE and supports their downstream petrochemical plants with a variety of utilities and logistics facilities. "We selected ExxonMobil's autoclave technology because of its proven performance in plants around the world, its cleanliness, safety and excellent conversions," said Suphon Tubtimcharoon, PTTChem's senior executive vice president marketing and commercial. "This technology offers us a cost-effective way to meet demand for LDPE/EVA in this region." Neil Chapman, vice president, Global Polyethylene Business, ExxonMobil Chemical Company, said, "PTTChem is a growing producer in a rapidly growing market. We are pleased to have been selected as its licensor in this latest production expansion." The flexibility of the ExxonMobil LDPE technology will enable PTTChem to produce an extensive grade slate. The products produced by the ExxonMobil technology can be used in a variety of applications, including film packaging, injection-molded articles, insulation materials, pipe and tubing. ExxonMobil Chemical Technology Licensing LLC is a globally recognized licensor of proprietary technologies, either directly or through arrangements with other licensing companies. The technology offerings span petrochemical and polymer sectors including manufacturing technologies for tubular / autoclave LDPE, polypropylene, xylene xylene (zī`lēn) or dimethylbenzene (dī'mĕthəlbĕn`zēn), C6H4(CH3)2 , paraxylene, benzene, mixed xylenes, ethylbenzene Ethylbenzene is an organic chemical compound which is an aromatic hydrocarbon. Its major use is in the petrochemical industry as an intermediate compound for the production of styrene, which in turn is used for making polystyrene, a commonly used plastic material. , cumene Cu´mene n. 1. (Chem.) A colorless oily hydrocarbon, ExxonMobil Chemical is a global leader in technology, product quality and customer service with petrochemical manufacturing and/or marketing operations in more than 150 countries around the world. Its products include olefins, aromatics, fluids, synthetic rubber, polyethylene, polypropylene, oriented polypropylene packaging films, plasticizers, synthetic lubricant basestocks and additives for fuels and lubricants. Editor's notes: 1) ExxonMobil and the ExxonMobil logo are trademarks or registered trademarks of Exxon Mobil Corporation Exxon Mobil Corporation U.S.-based oil and gas company formed in 1999 through the merger of Exxon Corp. and Mobil Corp. It has investments and operations in petroleum and natural gas, coal, nuclear fuels, chemicals, and ores. . 2) The terms "ExxonMobil", "ExxonMobil Chemical", and "ExxonMobil Chemical Technology Licensing LLC" refer collectively to some or all of the companies affiliated with Exxon Mobil Corporation which have chemical manufacturing and/or marketing operations around the world. |
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