20 August 2009 05:24 [Source: ICIS news]
GUANGZHOU (ICIS news)--China’s Jilin Connell Chemical and Anhui Huainan Chemical Co plan to jointly build a 180,000 tonne/year nitric acid and a 120,000 tonne/year synthesis ammonia plant, a company source said on Thursday.
Construction work on the yuan (CNY) ?xml:namespace>
Production was expected to commence in July next year, the source added.
The joint venture facility would mainly provide feedstock for Connell Chemical’s aniline unit, the source said. The company has an existing aniline capacity of 150,000 tonne/year, which it plans to expand to 300,000 tonne/year in the future.
Anhui Huainan Chemical has a 60% stake in the joint venture while Jilin Connell Chemical has the remaining 40%.
($1=CNY6.83)
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