China’s Wison considers building oxo-alcohols plant at Nanjing

21 December 2010 14:16  [Source: ICIS news]

SHANGHAI (ICIS)--China-based Wison (Nanjing) Clean Energy Co is considering building a 250,000 tonne/year oxo-alcohols plant at Nanjing in eastern Jiangsu province to expand its product portfolio, a company source said on Tuesday.

Construction work would probably start early next year once the country's central government had granted approval, the source said.

“We are expected to start up the plant in 2013-2014,” the source said in Mandarin.

The new plant could help the company extend its downstream chain, the source added.

Currently, Wison (Nanjing) is mainly operating a coal-based methanol facility with a nameplate capacity of 300,000 tonnes/year and two carbon monoxide and syngas units at Nanjing Chemical Industry Park.

The methanol plant was running at an overloaded operating rate in 2010 and produced around 350,000 tonnes of product, a second company source said.

“Nearly half of methanol output was supplied to our customer Celanese, while the rest is almost consumed by the companies also located at the chemical industry park,” the source added.

The company is a subsidiary of Wison Group Holding Limited, a conglomerate headquartered at Shanghai that is involved in business sectors such as engineering, heavy industry, chemical machinery, chemicals and telecommunications.

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By: Judith Wang
+65 6780 4359

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