10 April 2012 04:40 [Source: ICIS news]
Under the first phase of the project, the company plans to build a 1.5m tonne/year “light” naphtha facility, a 1.5m tonne/year paraxylene (PX) unit as well as a 500,000 tonne/year benzene plant, the company said in a statement on the Shenzhen Stock Exchange.
The complex will also produce 1.5m tonnes/year of diesel, 400,000 tonne/year of gasoline and 1m tonne/year of jet A-fuel, the company said.
The statement did not reveal when the company will start building the facilities or when it will come on line.
Zhejiang Hengyi Group last year said that under a first phase, the refinery complex will have the capacity to process 135,000 bbl/day of crude and condensate.
($1 = €0.76)
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