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Markets :: Basic Chemicals :: Petrochemicals :: Acetic acid
BP Builds Another Acetic Unit in China; Celanese Expands
11:51 AM MST | January 28, 2008 | Natasha Alperowicz
BP has signed a memorandum of understanding (MOU) with Sinopec to invest jointly in a 650,000-m.t./year acetic acid plant at Chongqing, China. The plant will be built by the companies’ Yangtze River Acetyls Co. (Yaraco; Chongqing) joint venture once the Chinese authorities have approved the scheme. The acetic acid unit will use BP’s Cativa technology and is expected onstream in 2011. Yaraco currently has capacity to produce 350,000 m.t./year of acetic acid and a combined 80,000 m.t./year of acetic esters, including ethyl acetate and butyl acetate...
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