09 February 2004 00:01 [Source: ACN]
A feasibility study was under way on the integrated project, which would be located in Jilin, China, he added. Jilin Petrochemical plans to expand its 120 000 tonne/year phenol-acetone plant to 250 000 tonne/year and also build a 100 000 tonne/year BPA unit.
The source said the company was also evaluating moving downstream of BPA through producing polycarbonate. However, this would take longer to materialise as the company would need to form a joint venture to source technology.
Discussions are already taking place with potential investors on the polycarbonate project, which would have a capacity of 100 000 tonne/year. However, the source declined to reveal who they were.
The source said it was targeting bringing the phenol-acetone expansion-BPA project onstream in mid-2006. Talks are being held with potential licensors on this project. Although Jilin Petrochemical is currently using UOP’s technology for its phenol-acetone plant, the company is considering other technologies. The company sources its feedstock from Jilin Chemical Industrial Co, which is also in Jilin.
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