09 July 2012 09:15 [Source: ICIS news]
The company held the groundbreaking ceremony for the plant on 6 July, the source added.
The company will invest a total of yuan (CNY) 4bn ($628m) and the plant will be built in two phases of 100,000 tonnes/year each, said the source.
Construction will be completed in the first half of 2013 and commercial operation is expected to start in June 2013, added the source.
($1 = CNY6.37)
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