01 March 2012 07:32 [Source: ICIS news]
SINGAPORE (ICIS)--China National Offshore Oil Corporation (CNOOC) plans to start up its 100,000 tonne/year styrene monomer (SM) plant at Hainan in southern China in the middle of 2013, a source from the Chinese company said on Thursday.
Construction on the plant began at the end of 2010, the source said.
The plant, which will be operated by a wholly owned subsidiary of CNOOC, will use the dry-gas process for SM production and feedstock will supplied by the company’s upstream units.
The company has no plan to construct downstream plants and all SM output will be supplied to the market, possibly to the southern China market, the source added.
The SM plant is part of CNOOC’s petrochemical project in Hainan that is under construction, according to an earlier report from ICIS.
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