Taiwan’s UPC to build complex in China in March/April 2012

19 September 2011 06:09  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s UPC Technology Corp is planning to start building a petrochemical complex at Liaoyang in China’s Liaoning province at the end of March or in early April next year, a company source said on Monday.

The company is finalising the design of the new petrochemical complex, according to the source.

“The project is progressing well and we expect to start up the petrochemical complex in November 2013,” the source said. 

The complex will comprise a 140,000 tonne/year phthalic anhydride (PA) plant, a 240,000 tonne/year dioctyl phthalate plant (DOP), a 50,000 tonne/year unsaturated polyester resins plant (UPR) and a 60,000 tonne/year maleic anhydride (MA) plant.

UPC, which is the sole investor for the project, has invested a total of $270m (€197m) to build the complex, the source said.

($1 = €0.73)

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By: Quintella Koh
+65 6780 4372

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