To tackle the country's ethylene demand-supply imbalance, authorities in China have given the go ahead for more ethylene plants in the country. China's largest oil firms- Sinopec and PetroChina, have got a nod of approval form the government to build 6 ethylene plants in China, doubling capacity to 15 million tpa by 2010. PetroChina's Dushanzi plant will be the first to commence production, by early next year. The other 5 will be put into operation between 2008 and 2010.
PetroChina will build its plants in in Chengdu in Sichuan Province, Dushanzi in Xinjiang Uygur Autonomous Region and Fushun in Liaoning Province, with a combined capacity of 2.6 million tpa.
Sinopec will set up three new ethylene crackers in Tianjin, Quanzhou in Fujian Province and Zhenhai in Zhejiang Province, with a combined capacity of 2.8 million tpa. Sinopec also awaits approval for two more crackers in Shanghai and Wuhan of Central China's Hubei Province.
27-Jun-06 
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