06 September 1997 00:00 [Source: ACN]
BASF and Sinopec Yangzi Petrochemical are unlikely to meet their startup target of 2000 for their joint-venture oxo alcohols project in Nanjing, a Sinopec source told ACN.
'It is a big project and construction has not even started,' said Sinopec-China Petrochemical Information Institute official Zhang Congrong. She was one of the speakers at a recent oxo alcohols conference in Kuala Lumpur, Malaysia. BASF was not available for comment at ACN press time.
The project is to be downstream of the proposed 600 000 tonne/year Nanjing joint-venture cracker slated to start up in 2002.
China's Ninth Five-Year Plan will also boost oxo alcohol capacity in the country.
Daqing General Petrochemical Works will start up its maiden 70 000 tonne/year plant in H1 1998. Qilu Petrochemical and Jilin Chemical Industrial Corp will expand their capacities. Qilu will expand by 55 000 tonne/year, lifting its total capacity to 125 000 tonne/year, while Jilin will expand by 51 000 tonne/year to 108 000 tonne/year.
Both expansion projects are wholly owned and will come onstream around 1998.
Beijing Chemical Industrial Group has an existing 70 000 tonne/year oxo alcohol plant.
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