PetroChina starts construction of £2.4 billion petrochemical complex
29 September 2023
A unit of China’s state oil and gas company PetroChina confirmed on 29 September that construction of its 21.88 billion yuan (£2.4 billion) petrochemical complex in the west of the country has started.
The complex, which will be operated by PetroChem’s Dushanzi Petrochemical Corp., will be located in China’s Xiniang province and will comprise 11 facilities. These include a 1.2 million metric tons per year ethylene plant, two 450,000-tpy full-density polyethylene units, and a 400,000-tpy polypropylene unit.
Upon completion, Dushanzi said the complex will have an annual ethylene capacity of around 3 million tons. Operations at the petrochemical facilities is expected to begin in 2026.
Dushanzi added that the facilities would be powered fully from renewables due to Xinjiang’s prominent wind and solar energy resources.