Sinopec starts building refinery, petchem complex in Zhanjiang
by ChemOrbis Editorial Team - content@chemorbis.com
According to media reports, China’s Sinopec started to build a refinery and a petrochemical complex in Zhanjiang, China. The new project will be a 50/50 joint venture between China’s Sinopec and Kuwait Petroleum Company.
The project includes the construction of a refinery with a capacity of 10 million tons/year as well as an 800,000 tons/year ethylene complex where plastics, synthetics and rubber will be produced, the reports revealed.
A memorandum of understanding for the project had initially been signed between Sinopec and Kuwait Petroleum Company in 2009 and then the proposed joint venture had been approved by Chinese government in 2011.
The project includes the construction of a refinery with a capacity of 10 million tons/year as well as an 800,000 tons/year ethylene complex where plastics, synthetics and rubber will be produced, the reports revealed.
A memorandum of understanding for the project had initially been signed between Sinopec and Kuwait Petroleum Company in 2009 and then the proposed joint venture had been approved by Chinese government in 2011.
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