# Indorama Ventures licenses PO/TBA/MTBE technology to Shandong Binhua

Indorama Ventures signed a license agreement with Shandong Binhua New Material Co., Ltd. to build, own and operate a propylene oxide, t-butanol and MTBE co-production unit in Shandong, China, using IVL's proprietary single-step MTBE technology.

- Type: Contract
- Announced: 2022-06-27
- Where: Shandong, China
- Status: announced
- Capacity: 240,000 tonnes of propylene oxide and 742,000 tonnes of MTBE per year
- Products: propylene oxide, t-butanol, MTBE
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Indorama Ventures](https://endata.com/companies/3457.md) (supplier)
- [Shandong Binhua New Material Co., Ltd.](https://endata.com/companies/43676.md) (customer)

## Sources

- [hydrocarbonprocessing.com](https://www.hydrocarbonprocessing.com/news/2022/06/indorama-ventures-enters-world-first-china-license-agreement-with-shandong-binhua-new-material-co-ltd/), 2022-06-27: "On completion, this project will be able to produce 600,000 tons of propylene, 800,000 tons of butane isomerization, 150,000 tons of synthetic ammonia, 240,000 tons of propylene oxide and 742,000 tons of MTBE per year."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.