30 October 2013 06:24 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Sinopec Shanghai Gaoqiao is expected to bring on stream an integrated refining-petrochemical complex at Caojing in Shanghai in 2017, a company source said on Wednesday.
The complex will primarily include a 15m tonne/year refinery and a cracker with an ethylene capacity of 1m tonnes/year, according to the source.
The capacities are subject to adjustments, added the source.
The National Development and Reform Commission (NDRC) on 15 October granted its approval to the company for conducting preliminary works of the project, Sinopec said in a statement.
Because of concerns on pollution, Shanghai Gaoqiao had been required to move out from Pudong to Caojing. In October 2011, the company signed an agreement with Shanghai local government on key terms of the relocation, Sinopec said.
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