Sinopec Guangxi to start new China refinery, PP unit by H2 '11

04 March 2010 06:55  [Source: ICIS news]

GUANGZHOU (ICIS news)--China-based Sinopec Guangxi Co plans to start up its new 5m tonne/year refinery and a 200,000 tonne/year polypropylene (PP) unit at Beihai by the second half of 2011, a company official said on Thursday.

The company, based in the Guangxi Zhuang Autonomous Region, began construction on the refinery and PP unit on 3 March, the official said.

There were plans to expand the capacity of the refinery to 10m tonnes/year in the second phase of operations, which would begin towards the end of 2011, he added.

The company would refine imported crude oil and sell the products mainly in neighbouring Guangdong province, said market sources.

The Sinopec subsidiary currently runs a 600,000 tonne/year refinery at the same site, which would be idled once the new refinery became operational, the source said.

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By: Fanny Zhang
+65 6780 4359

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