16 November 2010 05:26 [Source: ICIS news]
SHANGHAI (ICIS)--China’s Sinopec Yangzi Petrochemical Co is planning to invest yuan (CNY) 8.47bn ($1.27bn) to expand its refinery in Nanjing, Jiangsu province, within the next five years, a source close to the company said on Tuesday.
The company would increase its crude processing capacity to ?xml:namespace>
The company had recently obtained the environmental impact approval from China’s Ministry of Environmental Protection (MEP) for the expansion, according to a statement on MEP’s website.
Sinopec Yangzi Petrochemical also runs a 650,000 tonne/year naphtha cracker, a
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.
|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|
Asian Chemical Connections