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China: new caprolactam project set to go on stream in 2015

February 13/2012

(chemmonitor) -- Financial Bureau of Liaocheng provided a subsidy for the China-based company Luxi Chemical Group for the caprolactam (capro) project. The subsidy totals CNY 68.8 (USD 11) million.

The project will be located in Shandong province and will be able to produce 200,000 tonnes of capro annually.

Shandong Liaocheng Luxi Chemical Sale Co., Ltd., a large-scale state-owned chemical group, is located in Liaocheng City. Group has 11 subsidiary companies, with assets of RMB6.49 billion, more than 11,000 employees, and annual turnover over RMB 10 billion. The annual output is synthetic ammonia 1 million tons, methanol 400,000 tonnes, urea 1.6 million tonnes, compound fertilizer 2 million tons, DAP 200,000 tons, sulphuric acid 1 million tons, hydrochloric acid 250,000 tonnes, caustic soda 300,000 tonnes, liquified chlorine 80,000 tonnes, and benzyl chloride 100,000 tonnes.


Author:Anna Larionova
Category:General News
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