22 May 2012 07:52 [Source: ICIS news]
The 200,000 tonne/year plant, which will cost yuan (CNY) 3.6bn ($571m), is expected to start up in 2013, the source added.
The company expects the plant’s annual sales revenue to be CNY4bn after it starts commercial operations, said the source.
Chinese major Sinopec is the parent company of Baling Petrochemical.
($1 = CNY6.33)
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