South Korea`s largest importer of liquefied petroleum gas (LPG) SK Gas announced that it inked a propane dehydrogenation (PDH) process deal with the US-based petrochemical process technology patent holder Lummus Technology to introduce a PDH process technology. The PDH process technology involves key steps in the production of propylene using LPG including engineering, trial operation and construction-related services. Propylenen, a raw material which is used to produce auto components, electronic products and textiles, has been in high demand.
The deal will enable SK Gas to acquire PDH technology process, an achievement which came a month after the Korean company announced its entry into the PDH business at the end of January. SK Gas, after the design stage is completed, will begin the construction of PDH factory on a full scale.
SK Gas expects to cut down on its initial investments in the PDH business with the possession of the world’s largest LPG storage facilities in Ulsan and joint-use of docks and relevant facilities with partners.
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