Jose Petro Project to include 1.3 million tons ethylene cracker

Braskem signed an agreement aiming at the formation of two joint ventures to develop Jose Petrochemical Complex with Pequiven. The first project includes the construction of an ethylene cracker from natural gas with an annual capacity of 1.3 million tons of ethylene, 1.1 million tons of polyethylene and other petrochemical products. The second project includes the construction of polypropylene plant with an annual capacity of 450,000 tons.

Taiwan's CPC restarts cracker after a month

Taiwan's state-owned CPC has completed repairs at its No.5 naphtha cracker. The company has restarted it's 80,000 tpa No.5 butadiene plant at Kaohsiung this week in line with resumption of operations of its 450,000 tpa No.5 naphtha cracker. The plant is currently operating at over 90% rates after the month long shutdown.

Construction work for two petrochemical complexes to begin in Iran

The construction work on two petrochemical complexes at Gachsaran and Dehdasht is to commence in Iran. The two petrochemical plants are to be built along the ethylene pipeline earlier laid in western Iran.

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US$1.2 bln JV between Vietnam and Singapore based company

petrochemical complex in the southern province of Phu Yen between the provincial People's Committee and Singapore's SP Chemicals Ltd Co. SP Chemicals Ltd Co is expected to contribute US$3 million for site clearance fees, land compensation and resettlement. The complex will be spread over 300 ha in Hoa Tam commune, and is estimated to have a production capacity of 1.5 mln tpa of petrochemicals.

Subject to approval from the Vietnamese Government, the plant will is expected to be in operation by 2012.