MOSCOW (MRC) -- Sinopec Engineering and its subsidiaries have received a USD3.1-billion engineering, procurement and construction contract from Zhong Tian He Chuang Energy Corp. for what will be "by far the world's largest coal-to-olefin project," reported Sinopec.
Sinopec said the project, to be built in Uxin Banner, Ordos, Inner Mongolia, involves a coal gasification unit, a purification unit, a 3.6-million-t/y synthetic methanol unit, two 1.8-million-t/y methanol-to-olefins units and a 200,000-t/y olefin catalytic cracking unit.
The project also includes a 350,000-t/y polypropylene (PP) unit (loop reactor), a 350,000-t/y PP unit (gas reactor), a 120,000-t/y low-density polyethylene (LDPE) unit (tank reactor), a 250,000-t/y LDPE unit (tubular reactor), a 300,000-t/y linear LDPE unit (gas reactor) and a combined 10,000-t/y methyl tertiary butyl ether and 30,000-t/y 1-butylene unit.
In addition, Sinopec will be responsible for utilities and tankage facilities. The project, which will use methanol-to-olefins technology developed jointly by Sinopec and China Petroleum & Chemical Corp., is scheduled for completion by 30 October 2015.
As MRC informed earlier, in October 2013, top Asian refiner Sinopec Corp won initial approval from China's top economic planner for a plan to build a USD10-billion refinery and petrochemical complex in Shanghai. Sinopec has already started formal planning for the 400,000 barrels-per-day refinery and a 1 million tonnes-per-year ethylene project in a plan to curb pollution by shifting an old plant to Shanghai's southern edge.
China Petroleum & Chemical Corporation (SINOPEC) is a large scale integrated energy and chemical company with upstream, midstream and downstream operations. Sinopec is the worlds seventh biggest company by revenue.
Sinopec is China's largest manufacturer and supplier of major petrochemical products. It is the second largest producer of crude oil in China. Its refining capacity and ethylene capacity rank No.2 and No.4 globally.
MRC