20 July 2012 09:39 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Wanzhou Petrochemical (Jiangsu) Company will start commercial operation of its 80,000 tonne/year acrylic acid (AA) unit and 80,000 tonne/year butyl acrylate (butyl-A) unit at Nantong in Jiangsu province in September 2013, a company source said on Friday.
The company held a groundbreaking ceremony at the Nantong Economic and Technological Development Area on 17 July, the source added.
The construction project will cost $147m (€119m), according to the source.
Wanzhou Petrochemical (Jiangsu) Company was established by Taiwan’s Yem Chio Group on 28 June 2012 with a total investment of $220m.
($1 = €0.81)
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