China's CNPC to start work on Chengdu-based oil reefing and ethylene production facility

China National Petroleum Corporation (CNPC) is reportedly expected to start construction work for its new Chengdu-based plant in Pengzhou shortly. The facility will house a 10 mln tpa oil refining facility along with 800,000 tpa ethylene production facility. This project has been given a nod by National Development and Reform Commission (NDRC) and forms a part of five new projects recently approved at the CNPC's conference meeting. Besides, the company has also drawn a blueprint for 2009-2020 oil pipelines.
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