Tuesday, March 13, 2012

Sinopec, Hainan province seek Centre approval for refinery and ethylene expansion in 2012

China Petroleum & Chemical Corp (Sinopec) and Hainan province aim to win final approvals from the central government this year to expand the 160,000 bpd Hainan refinery, as per Reuters. The provinciall government and Sinopec inked a cooperation agreement in December to add 100,000 bpd of crude refining capacity and 1 mln tpa of ethylene production capacity.

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