Friday, August 22, 2008

Sinopec initiates ethylene capacity expansion study at Fujian

Sinopec Corp., a wholly owned subsidiary of the Sinopec Group has plans to increase the capacity of its Fujian refinery by 100% to 480,000 bpd between 2010 and 2015. The JV between Sinopec, Exxon Mobiil Corp and Saudi Aramco worth US$5 bln is currently undergoing an expansion of capacity from 80,000 bpd to 240,000 bpd by late this year.

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