24 July 2013 06:57 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Qixiang Tengda Chemical announced on Wednesday that it has received environmental approval from the Zibo city government for its proposed 450,000 tonne/year alkane dehydrogenation project in Shandong province.
The project to be built in the city can produce 100,000 tonnes/year of propylene, 350,000 tonnes/year of methyl tertiary butyl ether (MTBE), 200,000 tonnes/year of iso-octane and 50,000 tonnes/year of tert-butanol, it said in a statement.
Total investment on the project was revised up to about yuan (CNY) 1.9bn ($309m) from an earlier estimate of CNY1.2bn.
($1 = CNY6.14)
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