China Wanda Group begins construction on Shandong butadiene unit

09 March 2012 07:00  [Source: ICIS news]

SINGAPORE (ICIS)--China Wanda Group has started construction work on its 150,000 tonne/year butadiene (BD) unit at Dongying in Shandong province, a company source said on Friday.

A ground breaking ceremony for the yuan (CNY) 1bn ($158m) unit was held on 28 February, the source said, adding that the company's first BD plant is expected to be started up at the end of April in 2013.

The company’s BD output is mainly for captive use at its 30,000 tonne/year butadiene rubber (BR) plant at the same site, the source said.

China Wanda Group, which based in Dongying of Shandong province, is a conglomerate with business interests in the tyre, chemical and property sectors.

($1= CNY6.32)

By: Miki Jiang

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