MOSCOW (MRC) -- Sinopec SABIC Tianjin Petrochemical Co. (SSTPC), a 50-50 joint venture of Sinopec and SABIC, have recently begun construction on an ethylene expansion project in Tianjin Province, China, Reuters reported.
The project will boost the company's ethylene capacity to 1.3-million t/y from 1-million t/y currently. Cost and a schedule for the project were not given.
SSTPC is also currently building a 260,000-t/y polycarbonate plant in Tianjin, which is scheduled to be operational by 2020.
In addition to the ethylene cracker and polycarbonate plant, the joint venture operates a 450,000-t/y polypropylene unit, 300,000-t/y high-density polyethylene (PE) plant, 300,000-t/y linear low-density PE unit, 40,000-t/y ethylene oxide and 360,000-t/y ethylene glycol facility, 350,000-t/y phenol/acetone plant, 200,000-t/y butadiene extraction and 120,000-t/y methyl tertiary butyl ether combination unit, and 650,000-t/y pyrolysis gasoline hydrogenation unit.
As MRC wrote before, Sinopec Sabic Tianjin Petrochemical Co. (SSTPC) started up a 1-million-t/y ethylene cracker in Tianjin, China, in 2010.
Ethylene and propylene are feedstocks for producing polyethylene (PE) and polyprolypele (PP).
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,436,390 tonnes in the first eight months of 2019, up by 9% year on year. Shipments of all PE grades increased. At the same time, the PP consumption in the Russian market was 909,260 tonnes in January-August 2019, up by 10% year on year. Shipments of PP block copolymer and homopolymer PP increased.
China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group"s key business activities include the exploration and production of oil and natural gas, petrochemicals and other chemical products, oil refining.
Saudi Basic Industries Corporation (Sabic) ranks among the world"s top petrochemical companies. The company is among the world"s market leaders in the production of polyethylene, polypropylene and other advanced thermoplastics, glycols, methanol and fertilizers.
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