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Sinopec, Hainan province seek Centre approval for refinery and ethylene expansion

March 12/2012

(Reuters) -- China Petroleum & Chemical Corp (Sinopec) and Hainan province aim to win final approvals from the central government this year to expand the 160,000 bpd Hainan refinery .

The provincial government and Sinopec inked a cooperation agreement in December to add 100,000 bpd of crude refining capacity and 1 mln tpa of ethylene production capacity. The expansion project is estimated to cost 39 billion yuan (USD6.2 bln) and take 32 months to complete.
Author:Anna Larionova
Tags:naphta, ethylene.
Category:General News
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