China’s Guangzhou Petrochemical starts building PP project

14 July 2011 10:01  [Source: ICIS news]

SHANGHAI (ICIS)--Guangzhou Petrochemical has started construction of its new 200,000 tonne/year polypropylene (PP) plant in southern China, a source close to the company said on Thursday.

The plant, which will cost yuan (CNY) 740m ($114m) to build, is expected to be completed in early 2013, the source added.

The facility will produce high-performance PP products to be marketed within the Guangzhou region, said the source.

Guangzhou Petrochemical is a subsidiary of China's state-owned oil and gas giant Sinopec.

($1 = CNY6.49)

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By: Dolly Wu
+65 6780 4359

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