17 October 2011 08:31 [Source: ICIS news]
Shanxi Sanwei owns and operates a 100,000 tonne/year BDO plant at Hongdong in
After expansion works are completed, the company’s BDO capacity will be increased to 250,000 tonnes/year, the source added.
The company also plans to bring onstream a 30,000 tonne/year polytetramethylene ether glycol (PTMEG) plant at the same time at Hongdong, which will raise its PTMEG capacity to 85,000 tonnes/year, the source said.
“Construction work on the BDO plant and the new PTMEG plant has started,” said the source.
Shanxi Sanwei announced its expansion plans in a statement to the Shenzhen Stock Exchange in mid-September.
The expansion work on the BDO plant and the construction of the PTMEG plant are expected to cost around yuan (CNY) 1.5bn ($235m).
($1 = CNY6.38)
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