China’s environment protection ministry approves Sinochem refinery

24 August 2011 08:42  [Source: ICIS news]

GUANGZHOU (ICIS)--China’s Ministry of Environmental Protection on Wednesday granted its approval for Sinochem to build a 12m tonne/year refinery at Quanzhou in Fujian province, a source from the ministry said.

“Our approval has been released today and will be announced to the public very soon,” the source said in Mandarin.

On 26 July, the ministry announced on its website that it was planning to approve the project.

The facility, which costs yuan (CNY) 29.4bn ($460m) to build, will consist of 19 major production units, including a 12m tonne/year crude distillation unit, a 1.6m tonne/year delayed coker, a 2.6m tonne/year residue hydrogenation unit, a 2.4m tonne/year catalytic cracker and a 200,000 tonne/year polypropylene (PP) unit, according to the ministry.

The refinery will process crude oil from Kuwait, the ministry said.

Sinochem is still awaiting final approval from the country’s National Development and Reform Commission (NDRC) before proceeding with the construction of the facility, market sources said.

As a result, the company originally scheduled the start-up at the refinery for late 2013, but may postpone it to late 2014 or later, the sources added.

($1 = CNY6.40)

Please visit the complete ICIS plants and projects database

By: Fanny Zhang
+65 6780 4359

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