30 July 2012 10:16 [Source: ICIS news]
The CDU is part of the company’s yuan (CNY) 6.77bn ($1.06bn) project, which includes a 2m tonne/year fluid catalytic cracker, a 1.5m tonne/year continuous reformer and an 800,000 tonne/year gasoline desulphurization unit at the same site.
All the units will be started up at the same time, according to the company source. Details on the construction timeline were not immediately available.
The company currently operates two CDUs with capacities of 4m tonnes/year and 1.5m tonnes/year at the same site. The smaller of the two will be shut permanently once the new CDU is started up, said the source.
The start-up is expected to have a limited impact on the market as the new capacity is small, according to a market source.
($1 = CNY6.38)
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