Mitsui Chem delays China BPA project start-up

07 April 2006 12:24  [Source: ICIS news]

SHANGHAI (ICIS news)--Mitsui Chemicals, has pushed back the start-up date for its joint-venture bisphenol-A (BPA) project in China by 10 months, the Japanese chemical major said on Friday.

 

The company had planned to start up a 120,000 tonne/year BPA unit at the Shanghai Chemical Industry Park (SCIP) in Caojing, Shanghai at end-2006 but this has been pushed back to October 2007.

 

Mitsui declined to give a reason for the delay.

 

Construction on the Rmb900m ($112m/Euro92m) project is now scheduled to start in August this year, Mitsui said.

 

BPA produced would be sold to Teijin Chemicals, which has a 50,000 tonne/year polycarbonate (PC) plant at Jiaxing, Zhejiang province.

 

The project will obtain phenol feedstock from joint-venture partner Shanghai Gaoqiao Petrochemical’s 200,000 tonne/year phenol-acetone plant at SCIP at internationally competitive prices, Mitsui added.

 

Both companies have also received a business licence from the Chinese government for their 50:50 joint-venture company Shanghai Sinopec Mitsui Chemical Co, it said.

By: Florence Tan
+65 6780 4359

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