China’s Daqing Refining & Chemicals completes PP construction

04 July 2012 07:51  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Daqing Refining & Chemicals completed construction of its 300,000 tonne/year polypropylene (PP) unit at Daqing in Heilongjiang province on 30 June, a company source said on Wednesday.

The project, which cost yuan (CNY) 1.37bn ($215m) in total, started on 20 August 2010, the source said.

After the completion, the company’s total PP capacity will reach 600,000 tonnes/year, according to the source.

The unit is ready to produce PP, but it is not clear when the unit will achieve on-spec products, the source added. 

Daqing Refining & Chemicals is a subsidiary of state-owned oil giant PetroChina.

($1 = CNY6.36)

By: Viola Pan
+65 6780 4359

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