China's Berun Group begins work on $346m coal-based MEG line

22 October 2010 08:28  [Source: ICIS news]

SHANGHAI (ICIS)--China’s Berun Group began construction of the first phase of its new 200,000 tonne/year coal-based monoethylene glycol (MEG) project in mid-October, a source close to the company said on Friday.

The Inner Mongolia-based project, which would require a total investment of around yuan (CNY) 2.3bn ($346m), would be constructed in two phases, the source said.

In the first phase the company would build a 100,000 tonne/year plant and test run it by September 2012, the source added.

Berun would start work on the second phase of the project once the first plant begins operations, the source said.

($1=CNY6.65)

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By: Dolly Wu
+65 6780 4359



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