China’s Oriental Energy gets nod for propane-to-propylene plant

03 February 2012 06:50  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Oriental Energy has received an environmental go ahead for its 1.2m tonne/year propane-to-propylene plant at Zhangjiagang in Jiangsu province, according to its statement to the Shenzhen Stock Exchange late on Thursday.

The Suzhou Environmental Protection Bureau approved the environmental impact assessment of the project, the statement said.

Its holding company Zhangjiagang Yangzijiang Petrochemical Corporation has signed a contract with US-based UOP about propane dehydrogenation (PDH) plant’s patent and technology, according to the statement. However, it did not say when the contract was signed.

The company said the preparation work for the plant was complete and it was now ready to start the construction work.

Zhangjiagang yangzijiang Petrochemical Corporation was jointly invested by Oriental Energy and Jiangsu Huachang Chemical and Feixiang Chemical, according to the statement.

No other details of the project were immediately available.

By: Adele Zhu

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