All the units of Petrochina's expanded cracker are estimated to be running by the end of the month. Thus the start up of the an expanded 700,000 tpa naphtha cracker in northwest China is almost on schedule. The Lanzhou plant, a unit of PetroChina, originally operated a 240,000 tpa cracker, which produces ethylene, at an expansion cost of 6-7 billion yuan (US$763-$890 million).
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Oil prices flat at US$59 at the beginning of the week
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13-Nov-06 
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