Home / Knowledge / News / Textiles / Setting up of large scale ethylene plants in the pipeline
Setting up of large scale ethylene plants in the pipeline
Apr '09
According to Deputy Chief Engineer from State Petroleum Planning and Engineering Institute, Zhang Fuqin, domestic oil consumption in 2009 will reach 214 million tons, a year-on-year increase of only 2-3 percent, well below the 10 percent growth recorded in 2008;

At the same time, domestic new capacity of finished petroleum products will be much higher than the increase in demand, due to which operational rate of oil refining enterprises in 2009 will start to show a clear downward trend.

She said, in 2008, China accounted for 7 percent of the worldwide refining capacity, second only to the United States and out of the 655 total global refineries; China had 53 of them accounting for 8 percent of all refineries.

She added by saying that, China plans to build 18 refineries with a capacity of million tons per year in the future and with this new addition, oil refining capacity will reach nearly 300 million tons.

This includes nearly 150 million tons of sour crude oil processing capacity. At the same time, the state will build 12 large-scale ethylene plants and total ethylene capacity will reach 1, 200 million tons per year.

And Sinopec China's largest petrochemical refinery will be modified and will also build 13 new projects in total and she expected that Sinopec's refining capacity would reach 328 million tons after 2015.

As for CNOOC, refining capacity of Huizhou refinery will expand to 20 million tons in 2011 and aims to scale it up to 40 million tons per year and capacity of Daxie Petrochemical will touch 10 million tons in 2013.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Hannah Lane

Encouragement from brands will motivate supply chains to become more...

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search