Asset

State-controlled Sinopec has set a 21 August date to start its naphtha cracker at Zhanjiang in Guangdong province. The cracker has 800,000 t/yr of ethylene and 430,000 t/yr of propylene capacity and is integrated with 250,000/400,000 t/yr ethylene oxide/ethylene glycol (EO/EG), 350,000 t/yr HDPE, 100,000 t/yr ethylene vinyl acetate (EVA) and 550,000 t/yr PP derivative units. Sinopec Zhanjiang is buying LPG for its new cracker, which is likely to make up about 10pc of the cracker' s feedstock mix. (Source)