Neste exploring ways to use waste plastic as a raw material for fuels and plastics
Ozone levels in US national parks similar to levels in largest US cities

Celanese to sell Nanjing ethanol production unit and form TCX technology joint venture with Chengzhi

Celanese Corporation has signed a Letter of Intent (LOI) with Chengzhi Shareholding Co., Ltd., to further the development of acetic acid-based ethanol in China.

From 2014 to 2017, Celanese operated a 275,000 metric ton per year industrial ethanol unit at the Nanjing, China Chemical Industrial Park. This ethanol unit used Celanese’s TCX technology to produce ethanol (earlier post) and historically sourced feedstock from the company’s acetic acid plant co-located at its Nanjing manufacturing facility.

Tcx

Pursuant to the LOI, Celanese would sell its Nanjing ethanol unit to Chengzhi, along with all related assets, including equipment, storage tanks and pipelines as well as all necessary land rights and permits.

Additionally, Celanese would contribute its TCX technology, along with all associated patents, know-how and trade secrets, into a newly formed joint venture. Through this joint venture the two companies would collaborate to further strengthen the TCX technology and promote additional opportunities for utilizing the TCX ethanol process technology within China.

TCX is Celanese’s proprietary technology for ethanol production that builds on the company’s acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—e.g., natural gas, coal, pet coke, biomass and waste.

Celanese is one of the world’s largest producers of acetyl products (intermediate chemicals, such as acetic acid, for nearly all major industries); acetyl intermediates account for about 45% of Celanese’s total sales. Celanese uses a methanol carbonylation process (reaction of methanol and carbon monoxide); the reaction utilizes a catalyst and the resulting product (acetic acid) is purified through distillation. Celanese continues to enhance this core technology.

Celanese discovered that ethanol can be made on an industrial scale directly from acetic acid with very high selectivity and yield. More particularly, its invention provides a process for the selective formation of ethanol from acetic acid using a process of hydrogenating acetic acid over a platinum/tin catalyst.

The LOI is subject to the parties reaching definitive agreements. The two companies are also committed to working together to implement a smooth transition leading to a restart of the Nanjing ethanol unit as soon as possible, likely in 2019. Financial terms and conditions are not being disclosed at this time.

Chengzhi Shareholding is a high-tech company the major shareholder of which is Tsinghua University; additionally, it is a member enterprise of Tsinghua Holdings Co Ltd., a key enterprise in Jiangxi Province, and the industrial platform for industrializing Tsinghua University’s scientific and technological achievements in fields such as clean energy, functional materials, and medical healthcare.

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name is required. Email address will not be displayed with the comment.)