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Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

Sinopec to build gas-based ethylene complex at Qingdao

5:55 AM MDT | June 30, 2013 | Natasha Alperowicz

Sinopec plans to invest 18.79 billion Chinese renminbi ($3.06 billion) in a gas-based ethylene complex at Qingdao, Shandong Province, according to a proposal filed with China’s Ministry of Environmental Protection (MEP; Beijing). The plant would be designed to produce 1 million m.t./year of ethylene and would take 3 years to build, the MEP statement says. It would be Sinopec’s first ethylene plant to be based on natural gas and liquefied petroleum gas (LPG). The filing with the ministry is the latest step in the approval process for the...

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