Sinopec to build two new crackers in 2011-2015

21 December 2007 04:53  [Source: ICIS news]

Ethylene output is expected to rise by 2m tonnes/year with SinopecBy Florence Tan

SINGAPORE (ICIS news)--Chinese petrochemical major Sinopec plans to build a second mega refinery-cracker project at Zhenhai and fast track its Guangzhou project to boost its annual ethylene output by at least 2m tonnes during 2011-2015, company sources said on Friday.

It was also considering carrying out a third round of expansion at its existing crackers although it did not specify a timeline for this, they added. The capacities of crackers at its Shanghai, Yangzi, Qilu, Beijing Yanshan and Maoming subsidiaries have reached close to 1m tonnes/year after expansions.

Sinopec planned to start next year a feasibility study on a 10m tonne/year refinery and a 1m tonne/year cracker project in Ningbo, Zhejiang province at subsidiary Zhenhai Refining and Chemical, the sources said.

The project could start up around 2015, depending on when approval was obtained, they added.

This would be the second refinery-cracker complex at Zhenhai which is already Sinopec’s largest refining base. Work is under way on its first 1m tonne/year cracker that will start up at end-2009 or in early 2010.

Sinopec has also put the refinery-cracker project in Nansha, Guangzhou, Guangdong province, on fast track, aiming to submit its feasibility study for approval in the first half next year. It recently received Beijing’s approval to go ahead with the study.

The company has targeted work to start at end-2008 or in early 2009 which could see the complex coming on stream in 2011 or 2012, the sources said. The project would be a joint venture with Kuwait Petroleum Corp.

Sinopec expects to produce 6.45m tonnes of ethylene in 2007 and it would add close to 4m tonnes in Fujian, Tianjin, Zhejiang, Hubei provinces by 2011.

 

Sinopec’s cracker projects

Location

Capacity (‘000 tonne)

Start-up

Quanzhou, Fujian

800*

Q1 2009

Tianjin

1,000

Q3 2009

Ningbo, Zhejiang

1,000

End-2009 or early 2010

Wuhan, Hubei

800-1,000*

2011

Guangzhou, Guangdong

1,000*

2011-2012

Ningbo, Zhejiang

1,000

2015

*joint-ventures


By: Florence Tan
+65 6780 4359



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