The provincial development and reform commission in Fujian Province, China on Monday approved Sinochem’s plan to add 60,000bbl/day capacity at its recently commissioned 240,000 bbl/day Quanzhou refinery and build a new petrochemical complex by 2018.
The project was given the go ahead by Fujian’s environmental protection department in October. The RMB 43.3 billian project will expand Quanzhou’s existing crude unit by 25% to 300,000 bbl/day. Sinochem will also add 13 chemical units including a 1-million mt/year ethylene plant and etc….
