Commercial production has commenced at Saudi Basic Industries Corp (SABIC) and Sinopec Corp's 50:50 joint venture petrochemical complex in Tianjin, China. Built at an estimated investment outlay of US$2.7 bln, the complex has capacity to produce 3 mln tpa of products like ethylene, polyethylene, glycol ethylene and polypropylene. Total ethylene production capacity at the complex is 1.2 mln tpa and total primary refining capacity is 15.5 mln tpa, 5.87 mln tpa of oil products, 3.2 mln tpa of ethylene, 1.5 mln tpa of synthetic rubber and chemical fiber and 750,000 mln tpa of LPG.
The Tianjin Refinery is slated to become the largest ethylene production base in China and the largest refining base in north China.
12-May-10 
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