25 March 2011 17:30 [Source: ICIS news]
XIAMEN, China (ICIS)--Chinese chemical giant Sinopec aims to reduce dependency on imports by building caprolactam plants in the country, it said on Friday.
Fang Fang, a company representative from Sinopec subsidiary Baling Petrochemical Caprolactam Division, revealed the plans at an industry event.
Two major capacity additions under Sinopec’s subsidiaries include ongoing plans to add 500,000 tonnes/year to its nameplate capacity by 2012.
The company is also undergoing feasibility studies for a 200,000 tonnes/year expansion project in southern ?xml:namespace>
“If all proposed expansion projects [including by other producers] were to achieve full capacity in 2015, domestic production capacity will reach 1.725m/tonnes of capro [caprolactam],” she said. This equates to almost three times
Sinopec’s other caprolactam subsidiary is SINOPEC Shijiazhuang Refining & Chemical Company.
The two-day 2011 CPL and PA Market Forum lasts until 25 March.
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