China’s Sinopec to shut three subsidiaries on pollution issue

27 September 2012 05:14  [Source: ICIS news]

SINGAPORE (ICIS)--Sinopec has ordered three of its subsidiaries in Guangdong province to shut operations and rectify wrongdoings that violate pollution regulations, the key Chinese refiner said in a statement on late Wednesday.

The three companies are Sinopec Guangzhou, Sinopec Zhanjiang Dongxing Petrochemical and Zhanjiang New Sino-US Chemical.

The announcement follows media reports that the three companies have long been violating environmental rules despite repeated demands from pollution watchdogs for a remedy.

Sinopec Guangzhou, which operates a refinery-petrochemical complex that can process 13.2m tonne/year of crude and produce 220,000 tonne/year of ethylene at Guangzhou, remains operating as of Thursday morning, a Sinopec official said. The official added that Sinopec needs to conduct checks before deciding on the measures needed for this subsidiary.

Sinopec Zhanjiang Dongxing Petrochemical, which primarily operates a 5m tonne/year refinery at Zhanjiang, has stopped production since Thursday morning, a company source said.

Zhanjiang New Sino-US Chemical, a polystyrene (PS) producer with a capacity of 100,000 tonnes/year at Zhanjiang, is still in operation as of Thursday morning and its managers were in a meeting to discuss the issue, a company source told ICIS.


By: Fanny Zhang
+65 6780 4359



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