Wanhua Chemical receives approval for new ethylene project
Sept. 10, 2018
According to market sources, China’s Wanhua Chemical has received approval to build a new ethylene integration project in Yantai, China.
The integration project includes the construction of a 1 million tons/year steam cracker, 400,000 tons/year PVC unit, 15,000 tons/year ethylene oxide unit, 450,000 tons/year LLDPE unit, 300,000 tons/year propylene oxide unit, 650,000 tons/year styrene unit and 50,000 tons/year butadiene unit.
The construction of the CNY16.8 billion ($2.46 billion) project is expected to be completed in two years, market sources reported.