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)
Please visit the complete ICIS plants and projects database
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections