04 July 2013 08:24 [Source: ICIS news]
SINGAPORE (ICIS)--China's Sinopec Maoming plans to start up its new 200,000 tonne/year polypropylene (PP) plant at Maoming in Guangdong province in the second quarter of 2014, a source close to the company said on Thursday.
Construction work for the plant started from 1 April 2012 and is expected to cost more than yuan (CNY) 7bn ($1.14bn), the source said.
The company will achieve a total capacity of 670,000 tonnes/year, an increase from 470,000 tonnes/year, once the new unit is completed, the source added.
Sinopec Maoming currently operates two PP lines, with capacities of 170,000 tonnes/year and 300,000 tonnes/year respectively, at the same site.
The two lines are running at full tilt, the source added.
Additional reporting by Doreen Zhao
($1 = CNY6.13)
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