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CNOOC 8.3 billion investment in fine chemical project started

Date: 2015-07-23
Views: 157

     China National Offshore Oil Corporation, fine chemicals, today (November 14) Dongfang City in Hainan Industrial Park under construction, total investment is 8.3 billion.

      Reported that two phases of the project works, step by step, simultaneous construction and production. An investment of 4.341 billion yuan, the main products are LPG, MTBE, naphtha and diesel fuel blending component, etc. The project is expected in December 2012 put into operation; second phase investment of 3.993 billion yuan, the main products of acrylonitrile, styrene , MMA and acetonitrile, etc. The project is expected in April 2013 production.

      Hainan Province, the project is the "Eleventh Five Year Plan" Key Project, based around the rich offshore oil resources of Hainan, in accordance with the development of clean production and green chemical principles, the use of catalytic cracking (DCC) technology.

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