France, China plan to build coal-to-olefins unit in Inner Mongolia

05 November 2010 06:23  [Source: ICIS news]

SHANGHAI (ICIS)--Total of France and China Power Investment Corporation (CPIC) will sign an agreement on building a new coal-to-olefins plant by 2015 in Inner Mongolia, north China, a government source said on Friday.

The agreement will be signed during the current 4-6 November visit of Chinese President Hu Jingtao to France, the source added.

Total will provide its coal-to-olefins technology to the project, according to the agreement.

"We plan to build a CTO (coals-to-olefins) plant of a million tonne scale in the new chemical facility,” a source from Total said.

Feasibility of the project had started and construction was expected to be completed in 2015, the Total source said.

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