China’s Zhongyuan Petchem to start up MTO project late 2011

20 April 2010 08:53  [Source: ICIS news]

GUANGZHOU (ICIS news)--Sinopec's subsidiary Zhongyuan Petrochemical plans to start up its 600,000 tonne/year methanol-to-olefin (MTO) project at Puyang in the central province of Henan by late 2011, a company source said on Tuesday.

The yuan (CNY) 1.5bn ($220m) project includes new constructions – which began on 16 April – as well as expansion works, the source said.

The new facilities that are being constructed include an MTO plant, which would consume 600,000 tonnes of methanol to yield some 200,000 tonnes of ethylene annually, and a 100,000 tonne/year polypropylene (PP) plant.

The expansion work would mainly cover increasing the capacity of the company’s polyethylene (PE) unit to 260,000 tonnes/year, from the present 200,000 tonnes/year, the source added.

The company’s 180,000 tonne/year cracker would be re-engineered to change feedstock to methanol from naphtha, the source said.

Zhongyuan Petrochemical also runs a 60,000 tonne/year PP unit at the same site, the source added.

The company had signed an agreement with a coal chemical company in Henan for methanol supply in early February, the source said, adding that PP and PE products would be sold primarily in the Henan local markets.

($1 = CNY6.83)

For more on
methanol and olefins visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect


By: Fanny Zhang
+65 6780 4359



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index