The integrated refining and ethylene project at Fujian, being built at an investment outlay of 30 billion yuan, is likely to come onstream in May. Capacities include a 800,000 tpa ethylene unit, a 650,000 tpa polyethylene unit, a 400,000 ton polypropylene unit and a 1 mln tpa aromatic unit. Annual refining capacity of Fujian Refinery Petrochemical will augment from 4 mln tons to 12 mln.
Fujian Refinery Petrochemical Company holds 50% stake in the company, while Saudi Aramco Overseas Co. Ltd and ExxonMobil (China) Chemical Co. Ltd. each hold 25% stake.
20-Mar-09 
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