Sign in | Join free

China - yisheng buys machinery for hainan pta plant; startup likely late 2012

China - yisheng buys machinery for hainan pta plant; startup likely late 2012 Source: platts
Date: 02-03-2011
Visits: 224
Very Poor

China's Yisheng Petrochemicals, which expects to start up its new 2 million mt/year plant in Hainan by end 2012, has completed its machinery purchases for the new plant, a company source said Wednesday.

Yisheng, one of China's major purified terephthalic acid producers, bought two machine trains with a PTA capacity of 1 million mt/year each from Germany's MAN Turbo. Each train comprises an air compressor, a steam turbine, an expander and a motor/generator, which were delivered to China last month. The Yuan 2.95 billion ($448 million) plant, called the Hainan Yisheng Petrochemical, is located at the Yanbu Economic Development Zone. Its paraxylene feedstock will be provided by Sinopec Hainan which is building a 600,000 mt/year PX plant that will also be completed late 2012. As of now, the main PTA downstream plant at Hainan is Sinopec's 200,000 mt/year PET bottle chip plant. As such, Hainan Yisheng will be sending most of its PTA output to eastern China, which is the country's polyester hub. "Hainan is also accessible to Southeast Asia and India so we can also ship our products there as well," said the source. Yisheng is also adding a third PTA line at its Ningbo plant and expanding its Dalian plant by another 500,000 mt/year. Its Ningbo plant now has two PTA lines each with an annual capacity of 650,000 mt. Its Dalian plant has a 1.5 million mt/year line. Both expansions are expected to start up in late August this year.

like 342 Unlike 38
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32366 Users
have already joined Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Enter the code
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
Members Login
Already registered
Forgot your password
golden fees
Enter your e-mail address
Choose your room