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TEXACO GASIFICATION TECHNOLOGY LICENSED TO CHINA FOR ETHYLENE PROJECT; THIRD CHINESE GASIFICATION PROJECT ANNOUNCED IN 1992

TEXACO GASIFICATION TECHNOLOGY LICENSED TO CHINA FOR ETHYLENE PROJECT;
 THIRD CHINESE GASIFICATION PROJECT ANNOUNCED IN 1992
 WHITE PLAINS, N.Y., July 30 /PRNewswire/ -- Texaco Inc.'s (NYSE: TX) Alternate Energy Group announced today that its gasification technology will be used for the construction of an oxo-chemical gasification unit as part of China's Beijing Ethylene Project. Texaco's proprietary gasification process was selected by the China National Chemical Construction Corporation, a division of China's Ministry of Chemical Industry.
 The gasification unit, which is expected to be operational by late 1994, will utilize heavy fuel oil to generate synthesis gas for the manufacture of 50,000 metric tons per year of 2-Ethylhexanol and 20,000 metric tons per year of n-Butanol, both oxo-alcohols. Oxo-alcohols are used in the production of household plastics. The oxo-chemical plant will be one of four units to be built for the Beijing Ethylene Project.
 "Texaco's gasification process is an integral part of the Beijing Ethylene Project and will allow China to substantially increase its production of much needed oxo-alcohols," said David C. Crikelair, vice president of Texaco Inc. and head of the company's Alternate Energy and Resources Department. "Our process provides the technology to utilize a low-grade fuel oil for feedstock in an environmentally beneficial manner."
 The Texaco Gasification Process is considered an environmentally attractive method of generating clean-burning synthesis gas for use in the petroleum industry, chemical manufacturing and electric power generation. Its principal advantage is the ability to use a variety of feedstocks, including coal, heavy oil, petroleum coke, natural gas and other hydrocarbons, to generate syngas.
 Texaco's Alternate Energy group is directing a Texaco initiative to commercialize and license a number of technologies, including the Texaco Gasification Process. The Beijing Ethylene Project is the sixth major Texaco gasification license agreement signed this year. Two other gasification projects previously have been licensed in China to produce town gas, chemicals and fertilizer. Additionally, the company's gasification technology has been licensed for two cogeneration projects in Italy, and Tampa Electric Company recently selected the Texaco Gasification Power System for a 260-megawatt power project in Florida.
 -0- 7/30/92
 /CONTACT: Chris Gidez of Texaco, 914-253-6170/
 (TX) CO: Texaco Inc. ST: New York IN: OIL SU: LIC


SH -- NY016 -- 4943 07/30/92 09:06 EDT
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Publication:PR Newswire
Date:Jul 30, 1992
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