Badger Licensing to Provide Technology for New Bisphenol A Plant in China

BOSTON–(BUSINESS WIRE)–Badger Licensing LLC (Badger) today announced that Zhejiang Petroleum &
Chemical Co., Ltd. (ZPC) has selected Badger’s proprietary technology
for a 240 KTA grassroots bisphenol A (BPA) plant being built in
Daxiaoyushan Island, Daishan District, Zhoushan City, Zhejiang Province,
People’s Republic of China. The contract includes technology license,
process design and start-up services.

The new plant, one of the largest single train BPA plants in the world,
will utilize Badger’s proprietary BPA technology. Basic engineering
design work has begun and the plant is scheduled for mechanical
completion and startup in early 2019. ZPC also selected Badger’s
proprietary EBMaxTM1 and styrene technologies for a 1200 KTA
grassroots EB/SM plant being built at the same site, which was
separately announced.

“ZPC’s integrated complex being built in Zhoushan represents a major
investment in the refining and petrochemical industry in China,” said
Dana Johnson, president of Badger. “This is the second time ZPC has
chosen one of Badger’s proprietary technologies for this large scale
project, and we are proud to be associated with it. Badger’s innovative
bisphenol A technology will enable ZPC to be a leader in the growing
polycarbonate market in China. This award also reinforces Badger’s
reputation and unique ability to supply world class technology and to do
so at increasingly larger world scale capacities.”

Bisphenol A is a precursor to the production of epoxy resins and
polycarbonate. Over 1.7 million metric tons of BPA capacity has been
licensed by Badger since the technology was first offered for license in
2001.

Badger Licensing LLC, headquartered in Boston, Massachusetts, is a
venture of affiliates of TechnipFMC and ExxonMobil. Badger Licensing is
principally engaged in developing, marketing, and licensing technologies
for ethylbenzene, styrene monomer, cumene and bisphenol A.

1 EBMax is a registered trademark of Exxon Mobil Corporation.

Contacts

Badger Licensing LLC
Diane Saraceno, 1.617.748.7217
[email protected]