20 May 2011 12:23 [Source: ICIS news]
By Rita Wu
SHANGHAI (ICIS)--China’s Xingda Group plans to start up two expandable polystyrene (EPS) plants in Xinjiang and Heilongjiang provinces at the end of 2011 and in early 2012, respectively, a source close to the company said on Friday.
The company will start up a 120,000 tonne/year EPS plant in Xinjiang in the fourth quarter of this year. “The feedstock supply of the new plant will be from Dushanzi Petrochemical’s 320,000 tonne/year styrene plant,” the source said.
In Heilongjiang, the company will start up a 120,000 tonne/year EPS plant at Daqing at the end of the 2012 first quarter or early in the second quarter. “The feedstock [styrene] will be from local producers,” the source said, without providing further details.
After the new plants come on stream, the company’s total EPS capacity will be around 1.25m tonnes/year, the source said.
Xingda Group currently operates three EPS plants in eastern China's Jiangsu province, which have a total capacity of nearly 800,000 tonnes/year. In Huizhou, in southern China's Guangdong province, the company has a 180,000 tonne/year EPS plant.
Additional reporting by Dolly WuFor more on polystyrene, visit ICIS chemical intelligence
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