Sinopec ethylene production falls 4.5% in 2012

23 January 2013 14:04  [Source: ICIS news]

LONDON (ICIS)--Sinopec’s ethylene production levels fell by 4.5% in 2012 compared with the previous year, the China state-owned petroleum giant said on Wednesday.

Production of the material fell to 9.5m tonnes in 2012 from 9.9m the previous year, according to the company. Manufacture of light chemical feedstocks such as naphtha was also down 2.8% during 2012 to 36.3m tonnes.

Production of rubbers, fibres and plastics were also down year on year, with synthetic resins production falling 2.3% to 13.3m tonnes, synthetic fibres production down 3.5% to 1.3m tonnes, and production of synthetic rubbers down 5.5% to 936,000 tonnes.

Fertilizer manufacture climbed strongly during the period, with urea production climbing 35% to 1.1m tonnes during the period compared with 2011.

Oil and gas production increased by 4.8% during the period year on year to 427.6m barrels, Sinopec added.

By: Tom Brown
+44 208 652 3214

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