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Cepsa Breaks Ground on Phenol-Acetone Project at Shanghai

11:33 AM MDT | October 19, 2011 | Ian Young

Cepsa (Madrid) has held a groundbreaking ceremony for a previously announced phenol-acetone project at Shanghai. The plant will be built in the Shanghai Chemical Industry Park at Caojing, and it will have capacity for 250,000 m.t./year of phenol and 150,000 m.t./year of acetone. The facility is due to be onstream at the end of 2013. Cepsa Química, a Cepsa subsidiary, will operate the plant. "We are currently witnessing a major supply-demand imbalance for phenol and acetone in China, making it necessary to import considerable volumes of these...

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