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China’s Rongshen JV to build a large PX complex

by ChemOrbis Editorial Team -
  • 22/11/2016 (15:05)
According to market sources, Rongsheng Group, Tongkun Group and a few other Chinese companies are building an integrated refinery and petrochemical complex on Zhoushan Island, in Zhejiang province. Along with this complex, the country’s paraxylene production capacity will increase by 8 million tons/year by 2020, sources said. The company plans to complete the first phase of the project by late 2018 for 4 million tons/year of PX while the second phase which will include the completion of the other 4 million tons/year is expected to be finished by 2020.

The construction of the complex and refinery, which will also include a 1.8 million tons/year styrene and acetone plant, has already begun, according to sources.
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