China's Sinopec Baling to invest CNY3.6bn in new capro plant

26 October 2012 08:05  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Sinopec Baling Co is planning to invest about yuan (CNY) 3.6bn ($577m) to build a 200,000 tonne/year caprolactam (capro) plant at Fuqing in Fujian province, its parent firm said on Friday

The plant will consist of two 100,000 tonne/year lines, and is expected to come on stream in 2014, Sinopec said.

Output from the plant will focus on serving the Fujian market, it said.

($1 = CNY6.24)


By: Fanny Zhang
+65 6780 4359



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