China's Zhejiang Rongsheng Plans CNY160bn Refinery-Petchem Complex...

摘要

China's Zhejiang Rongsheng is building a joint venture refinery-petrochemical complex in Zhoushan, with the first phase due to start up in late 2018, sources familiar with the project said. The yuan (CNY) 160bn ($24bn) project, which will be built in two phases in China's eastern Zhejiang province, is expected to have an overall refining capacity of 40m tonnes/year or 800,000 bbl/day. It will have an ethylene capacity of 2.8m tonnes/year, with aromatics production estimated at 10.4m tonnes/year, and will include a propane dehydrogenation (PDH) unit with a total capacity of 1.2m tonnes/ year.