Bluestar begins work on $102m caustic soda unit
18 August 2008 09:47 [Source: ICIS news]
SHANGHAI (ICIS news)--China National BlueStar (Group) Corp is building a 200,000 tonne/year caustic soda plant for yuan (CNY) 700m ($102m) in northern Tianjin city, a company source said on Monday.
"We broke ground on the plant on 8 August, the same date of Beijing Olympics opening. It is scheduled to come on stream in December 2009," the source said in Mandarin, adding that the plant was located at BlueStar’s Tianjin chemical new material complex.
The company also planned to build a 100,000 tonne/year methylene di-p-phenylene isocyanate (MDI) unit, a 10,000 tonne/year polycarbonate (PC) plant, a 55,000 tonne/year 1,4 butanediol (BDO) facility, a 300,000 tonne/year phenol/acetone plant, a 150,000 tonne/year bisphenol A (BPA) plant and a 150,000 tonne/year oxo-alcohols unit at the same site.
BlueStar expected to complete building these plants by 2011, the source added.
The company is a large-scale state-owned enterprise headquartered in Beijing.
($1=CNY6.87)
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By: Judith Wang
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