Sinochem China to Expand Refinery and Build New Petchem Plant
Sinochem China to Expand Refinery and Build New Petchem Plant
CommoPlast
Sinochem – a China’s state owned company has received the approval to expand its refinery and build a new petchem complex in Quanzhou, Fujian, China, according to a media report.
The company invested a total of RMB 43.3 billion (USD6.8 billion) to expand Quanzhou’s existing refinery unit by 25% to 300,000 bbl/day. This project will also add 13 other petrochemical units and expected to complete by 2018. Some of the petchem products will be produced are:
|
Product |
Projected capacity |
|
Ethylene (C2) |
1 million tons/year |
|
Para-xylene (PX) |
800,000 tons/year |
|
Aromatics extraction plant |
300,000 tons/year |
|
Polyethylene (PE) |
400,000 tons/year |
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