China's Lanzhou Petchem starts up new refinery on 25 December

22 December 2009 03:45  [Source: ICIS news]

GUANGZHOU (ICIS news)--Lanzhou Petrochemical, a subsidiary of Chinese oil and gas giant PetroChina, plans to start up its new 5.5m tonne/year refinery in Gansu province on Friday, a company source said on Tuesday.

Once the new unit starts operation, Lanzhou Petrochemical would idle an existing 3m tonne/year refining unit, the source said.

Lanzhou Petrochemical's total refining capacity would rise to 13m tonnes/year from 10.5m tonnes/year when the new refinery starts operations, the source said.

The new refinery is designed to process poor-quality heavy crude such as domestic Xinjiang and Kazak crude, the source added.

Lanzhou Petrochemical's refined oil products would be sold primarily to western China, while its naphtha output would feed its own 700,000 tonne/year cracker, the source said.

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By: Fanny Zhang
+65 6780 4359



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