20 November 2012 08:27 [Source: ICIS news]
SINGAPORE (ICIS)--Chinese firm Shaanxi Jinyuan Group plans to build an industrial base for the production of liquefied natural gas (LNG) at Yan’an in ?xml:namespace>
The company is set to build a 3m cubic metre (cbm)/day (600,000 tonnes/year) gas liquefaction plant at the industrial base, said the source from Shaanxi Lvyuan Natural Gas, a subsidiary of Shaanxi Jinyuan Group.
The yuan (CNY) 5bn ($801m) project will consist of a control centre, a logistics park, manufacturing plants for LNG-fuelled vehicle parts and LNG-refuelling stations in Yan’an city, the source said.
However, the specific timeline of the construction is unknown as the project is still at a preliminary stage, the source added.
Meanwhile, Shaanxi Lvyuan Natural Gas is expected to start up its new 1m cbm/day LNG plant at Yulin in
Shaanxi Jinyuan Group specialises largely in industries such as energy and minerals, financial investment, real estate and hotel properties.
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