3 000 T/A Polysilicon Plant Kicked off in Inner Mongolia
DunAn Holding Group
officially establishes a subsidiary Inner Mongolia DunAn
Photovoltaic Sci-tech Co. Ltd. to build 6 000 t/a
polysilicon plant
in Wulatehou Industrial Park, in Bayanzhuoer of Inner Mongolia,
with a total investment of RMB4.2 billion.
The first phase 3 000 t/a polysilicon project, broken ground this
November, is scheduled for trial run in 2011.
The company operates in refrigeration parts, hardware, chemical engineering, trade, foodstuff, tour resource developing, and real estate sectors. The company was founded in 1987 and is based in Hangzhou, China.
Zijin Mining vows to take
over Indophil
Zijin Mining Group Co 紫金鉱業集団, China's largest gold producer
and third-largest copper producer, announced Tuesday that it
would pay A$545 million ($500 million) to take over Indophil, an
Australian gold and copper company.
The Fujian-based Zijin Mining would make a conditional cash
off-market takeover bid for all of the issued shares in Indophil
for A$1.28 per share, according to a statement on the company
website.
Indophil
Resources NL,
with its registered office in Victoria, Australia, owns 34
percent operating interest in Sagittarius Mines, Inc, a
Philippine mineral exploration and development company which
controls the world-class Tampakan Copper-Gold Project in the
Southern Philippines. (Mindanao島南端)
The Tampakan Project's mineral resource is the largest
undeveloped copper-gold deposit in southeast Asia. The latest
confirmed mineral resource estimate is 2.4 billion tons
containing 13.5 million tons of copper and 15.8 million ounces of
gold at a 0.3 percent copper cut-off grade, the company said in
the statement.
The deal, reached on Sunday, is still waiting for regulatory
approval from both the Chinese and Australian governments, the
company said.
Indophil Resources NL is an Australian publicly-listed company, incorporated in 1996, to acquire, explore for and develop gold and copper-gold opportunities in the Asia-Pacific region. Indophil's team is highly-experienced and successful in minerals development, with specialisation in the Philippines.
The Company's focus has been the development of the world-class Tampakan Copper-Gold Project in the southern Philippines. Indophil owns 34% of the Tampakan project, and has arrangements in place to lift that stake to 37.5%. The remaining 62.5% is held by Xstrata Copper, with the combined interests being managed through Sagittarius Mines Inc. on behalf of the Philippine Government and the people of the Philippines.
2009/11/25 PRNewswire-Asia-FirstCall
China XD Plastics
Chairman and CEO to Ring Opening Bell at NASDAQ Stock Market
China XD Plastics Company Ltd., the largest Chinese manufacturer
in the development, manufacture, and distribution of modified
plastics primarily for use in the automotive applications in
China, today announced that the Company Chairman and Chief
Executive Officer will ring the Opening Bell at the NASDAQ
MarketSite in New York City on Thursday, December 3, 2009 at 9:30
a.m. ET to celebrate the Company's listing on the NASDAQ Stock
Market.
China XD Plastics will begin trading on the NASDAQ Global Market
on November 27, 2009, under the ticker symbol "CXDC".
Until such time, its common stock will continue to trade on the
Over the Counter Bulletin Board under the same ticker symbol.
"We are delighted to ring the opening bell at the NASDAQ
MarketSite to celebrate our listing on one of the most
prestigious equity markets in the world," said Mr. Jie Han,
Chairman and Chief Executive Officer of China XD Plastics.
"We are very proud to have our shares traded on NASDAQ less
than one year after going public on the OTC market, and we would
like to take this opportunity to express our sincere gratitude to
our shareholders, dedicated employees, board of directors,
management team, and all other parties who have contributed to
our success in reaching this point today."
About China XD Plastics Company Ltd.
China XD Plastics Company Ltd., through its wholly owned
subsidiary Harbin Xinda Macromolecule Material
("Xinda"), develops, manufactures, and distributes
modified plastics, primarily for automotive applications. The
Company's specialized plastics are used in the exterior and
interior trim and in the functional components of more than 30
automobile brands manufactured in China including Audi, Red Flag,
Volkswagen and Mazda. The Company's wholly-owned research
institute is dedicated to the research and development of
modified plastics, and benefits from the cooperation with
well-known scientists from prestigious universities in China. As
of the end of September 30, 2009, 137 products that Xinda
manufactured have been certified for use by one or more of the
automobile manufacturers in China. For more information please
visit http://www.chinaxd.net .
China XD Plastics, the largest manufacturer of modified plastics for automotive applications in China, is headquartered in Harbin, China. Our company, with over 25 years of history, currently has a total usable area of 336,400 square feet ,19 production lines with an annual production capacity of 70,000 tons, 396 full time employees, and a leading research institute. We provide our customers with137 best price-to-value modified plastic products.
Approximately 90% of China XD plastics’ products are used in automotive applications in exterior and interior trims, and other functional components.
China XD Plastics’ 137 products fall into 6 major categories based on their physical characteristics:
Modified Polypropylene
Modified ABS
Modified Nylon
Alloy Plastics
Environment Friendly plastics
Engineering Plastics
China XD Plastics has 19 state-of-art production lines imported from Germany and the U.S. Its experience, accumulated over many years, afforded China XD the ability to develop its proprietary, advanced and efficient automatic production process based on the characteristics of the specialized modified plastic production.
2009-12-05 China Daily
Chinese firms eye Balla Balla stake
Australian mineral explorer Aurox Resources Ltd is planning to sell a 50 percent
stake in its A$1.3 billion ($1.2 billion) Balla Balla
magnetite iron ore mine to a Chinese partner to help fund
the project.
Hebei
Iron & Steel Group河北鋼鉄集団, China's second-largest steel
mill, and Tianjin-based privately owned RockCheck Steel
Group, 天津栄程聯合鋼鉄集団
which had signed sales
accords with the Perth-based company, are on the prospective list
of financiers, Bloomberg reported, citing Aurox Managing Director
Charles Schaus.
2007/7
Aurox Resources Ltd.は、中国のRockCheck Steel Group Company Ltd.と15年間にわたる3百万t/年の鉄鉱石off take契約を結んだことを公表した。これは、西オーストラリア州Balla Balla鉄鉱石プロジェクトの生産規模を6百万t/年へと倍増させることになる。またAurox社はこのプロジェクトのため、91百万A$の資金を調達すると発表した。
RockCheck Steel社は中国のトップ10に入る製鉄会社である。2007年3月に、Aurox社は、同じく中国のChengde Iron&Steel Group Companyと3百万tの鉄鉱石売買契約を行っており、この契約により、Balla Ballaプロジェクトから鉄鉱石6百万tが中国へ供給されることになる。Chengde is part of the Hebei Iron & Steel Group
Both Hebei Steel and
RockCheck could not be reached for their comments.
Schaus said he expects to sew up financing for the project by
March next year, and will continue discussions with potential
partners next week.
The sale of a 50 percent stake in the project to a Chinese
partner would also be in accordance with Australia's foreign
investment guidelines, he said.
Balla Balla isworld class and will be:
A low cost iron concentrate producer of 6Mtpa in Phase I and 10Mtpa in Phase II
The world’s most significant new source of vanadium
A top 10 titanium feedstoc producer
The company plans to ship
6 million metric tons of magnetite iron ore concentrate a year by
2012 from the project located in Western Australia's Pilbara
region. A second-stage expansion of the mine has been planned for
A$720 million.
"There is no doubt that iron ore demand from China would
continue to grow," Schaus said in Bloomberg's TV interview.
"Our feeling is the price will increase in the future and
certainly will be rock solid when we come in to the market in
2012."
Aurox plans to pipe output nearly 110 km from its Balla Balla
mine site to Port Hedland in northern Western Australia for
shipping.
"The project is not valued as a superior resource as the
exploring cost of magnetite iron ore is higher than normal iron
ore resources," said Hu Kai, an analyst with Umetal Research
Institute.
Many iron ore miners are expanding their production capacities,
so there might be a chance that supply would exceed demand by
2012, said Hu.
Putting aside the cost factor of the project, it still does make
strategic sense for Chinese steel makers as they scout globally
to augment raw material resources, he said.
Chinese investors have been enthusiastically snapping up overseas
iron ore resources to break the monopoly of the Vale, Rio Tinto
and BHP Billiton.
The latest in this process was Chinese steelmaker Wuhan Iron
& Steel Group's $ 400 million investment for a 21.52 percent
stake in Brazilian iron ore miner MMX Mineracao e Metalicos SA,
followed by Wuhan Steel's $247-million investment into Australian
iron ore firm Centrex, and Baosteel's acquisition of a 15-percent
stake in Aquila Resources.
Pengwei Petrochemical Starts up 600 000 T/A PTA Project
Chongqing Pengwei
Petrochemical Company Ltd (Pengwei Petrochemical) recently
commenced production of its 600 000 t/a PTA (purified
terephthalic acid) project in Fuling of Chongqing Municipality.
With a total investment of around RMB2.5 billion, construction on
the project was started in September 2007.
日本経済新聞 2009/12/10
中国、鉄鋼の過剰生産是正 中小製鉄
存続認めず
大手6〜7社に集約 温暖化も抑制
中国政府は年産100万トン以下の中小製鉄会社の存続を認めず、経営統合や廃業を促す方針だ。500社程度が乱立する製鉄会社の合従連衡を進め、年産5000万トン級の大手6〜7社に集約するのが狙いだ。効率の悪い老朽設備の廃棄によって鉄鋼の過剰生産能力を削減し、温暖化ガスの排出抑制にもつなげる。
中小製鉄会社の統廃合を促す方針は、中国の工業情報化省がこのほど公表した鉄鋼政策に関する草案に盛り込まれた。年間生産量が普通鋼で100万トン、特殊鋼で50万トンに達しない企業について、原則として経営継続を認めない内容だ。
草案によると、生産効率や汚染物質排出にも新たな基準を設ける。容積が400立方メートル以下の小型高炉の稼働は認めず、粗鋼1トンの生産で発生する二酸化硫黄(S02)排出量を1.8キロ以下に抑制するよう義務付ける。業界の意見を聞いたうえで、早ければ来年から適用する。
中国の粗鋼年産能力は2008年末で6億6000万トン。09年末には7億トンを突破する見通し。輸出減少で09年の粗鋼生産量は5億7000万トンにとどまり、過剰設備が問題になっている。中国には高炉・電炉メーカーが約500社あるとされ
る。約60社は100万トン以上の生産能力があり、生産シェアの8割を占めるが、残りは小規模企業で老朽設備を抱える。
中国政府は中小の統廃合を進める一方、世界的な競争力を持つ大手を育成する考えだ。上位10社の粗鋼生産シェアをいまの4割程度から6割程度に高める方針。中国鉄鋼最大手の宝鋼集団(上海市、年産3500万トン)などを軸に合併を加速し、まず有力企業を年産5000万トン以上の6〜7社程度に集約。将来的には年産1億トン強の世界1位アルセロール・ミタルなどに対抗できる3〜5社程度に絞り込む。
ただ中小製鉄会社の多くは地方都市に拠点を置き、地域の雇用を支えている。工場閉鎖が相次げば、失業者が増えて社会不安を招きかねず、中央や地方政府が一方的に閉鎖を命じるのは難しいとみられている。
大手各社が老朽設備を抱える中小の買収に積極的に動くことも考えにくい。実際、地方政府が再編を画策しても買い手が見つからないケースが多い。雇用の受け皿作りや新産業の育成が進まない限り、鉄鋼業界再編は難航するとの見方もある。
内蒙古自治区で石炭ガス化計画
内蒙古の 匯能集団 （Huineng Group）はこのたび、内蒙古オルドスでの石炭からの合成天然ガス計画で国家発展改革委員会（NDRC)の承認を取得した。
能力は年間16億Nm3で、88.7億人民元を投じる。
合成天然ガス計画でNDRCの承認を得たのは、中国五大電力の一つの大唐集団（Datang ）の内蒙古赤峰での40億Nm3の計画に次いで2番目となる。
合成天然ガスは主として都市ガスとして使用される。一部は圧縮天然ガスにしてタクシー燃料として使用される。
匯能集団は2001年に内蒙古オルドスで設立された私企業で、石炭、石炭化学、電力、道路橋梁、金融サービス、不動産等、幅広く事業を行っている。
2008年の総売上高は68億人民元となっている。
石炭の生産能力は年2300万トンだが、近い将来に3100万トンとなる。
ASIACHEM Consultingによると、現在以下の各社が石炭からの合成天然ガス生産を計画している。
匯能集団 （Huineng Group）：16億Nm3（内蒙古
オルドス）
大唐集団（Datang)：40億Nm3（内蒙古 赤峰）
神華集団(Shenhua)： 20億Nm3（内蒙古 オルドス）
CNOOC/大同石炭：40億Nm3（山西省 大同）
中国電力投資集団/Xinwen集団：20億Nm3（新疆ウイグル
Yili）
Qinghua：55億Nm3 （新疆ウイグル Yili）
大唐集団（Datang)： 40億Nm3（遼寧省 阜新）
PetroChina Starts
Construction for Ningxia Refinery Project
Recently, Ningxia Petrochemical Co. a subsidiary of PetroChina -
has started construction for its 5 Mt/a refinery project in
Yinchuan , Ningxia Hui Autonomous Region.
The project is approved by NDRC in Dec. 9, 2009. With total
investment RMB 7.03 billion, the project, the project will mainly
include 5 Mt/a atmospheric distillation, 2.6 Mt/a catalytic
cracking, 600 kt/a continuous reforming, and 100 kt/a
Polypropylene (PP) etc. The total project is expected to start up
in Sep. 2011.
After completion, the project is estimated to produce annually
1.73 Mt of gasoline, 2.38 Mt of diesel, 210 kt of liquefied
petroleum gas (LPG) and 100 kt of PP. And the total revenue of
the new project is to reach RMB 15 billion per year after
commercial operation.
The crude oil will be secured by PetroChina Changqing Oil field（長慶油田）. In Sep. 25, 2009, a 141 kt
pipeline from Hui'anpu （惠安堡）to Yinchuan has been started
construction, which will be completed in Jun. 2010 and is
designed to transport crude oil to the new refinery.
Tianjin Petrochemical Starts up 300 000 T/A LLDPE Unit
According to a source
form Sinopec Tianjin
Petrochemical Co., Ltd., the company recently commenced
the production of 300 000 t/a LLDPE (linear low density polyethylene)
unit and 2.3 million t/a delayed coking
unit after
the 1.3
million t/a wax oil hydrogenation unit went on stream on December
2nd, 2009.
The three units are parts of 1.0 million t/a
ethylene project
and matching facilities.
China, Venezuela sign oil development pacts
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil producer, has signed an agreement to develop oil and gas resources in Venezuela, the latest step in its overseas expansion.
CNOOC has signed a memorandum of understanding with its Venezuelan counterpart for the development of heavy oil and offshore oil and gas resources. The agreement was signed in the South American country on Dec 22, said a company executive yesterday.
It is the company's first entry into the country, said the executive who declined to be named, adding that it was a framework agreement.
CNOOC will help Venezuela to develop the Boyaca 3 oil block in the Orinoco belt, a large heavy-crude basin in eastern Venezuela, Wall Street Journal reported yesterday.
The move is part of Venezuela's efforts to increase oil sales to China to 1 million barrels per day from the existing 400,000 barrels per day, said the report.
The sound relationship between China and Venezuela would help domestic oil companies better foster their partnerships in the Latin American country, said Xia Yishan, an expert at the China Institute of International Studies.
"Venezuela has rich oil resources and will be one of China's important energy markets," he said.
Analysts said China should further diversify its oil import sources to ensure sustainable supplies. At present the Middle East, Africa and the Asia-Pacific are the three main regions from which China imports oil.
In another development, China's largest oil producer China National Petroleum Corp (CNPC) also moved forward by securing access to another oil block in the Orinoco region that could eventually produce 400,000 barrels of oil per day, Wall Street Journal reported.
CNPC also agreed to build a refinery with Venezuela that will process crude from a joint oil venture between the two countries, said the report.
But a CNPC spokesman yesterday said he was not aware of the deal.
Coal to SNG Conference
2010 will be held in Beijing
From 2000 to 2008, China's average annual natural gas consumption
grew by nearly 16%, while the output increased about 13%. It is
predicted that in 2010 China's natural gas demand would be 110
billion Nm3, while the corresponding output can only reach 95
billion Nm3, and the gap will reach 15 billion cubic meters.
Coal-to- SNG (substitute or synthetic natural gas) based on the
China’s rich coal resources features,
through the efficient coal conversion to produce clean energy
products and then delivered to target market by pipelines, have
great market advantage. Coal to SNG is one of the most important
directions of new coal chemical industry and has been awarded the
key demonstration project in China's petrochemical reviving and
stimulus package in 2009.
China’ west-to-east gas pipelines provide
good utilities condition for coal to SNG products transportation
and distribution. Natural gas price mechanism reform will further
enhance the SNG competitiveness.
Under the background, ASIACHEM Consulting will organize the 1st Coal to
SNG Conference
in 20-21 Jan., 2010 in Beijing, China . On the upcoming
conference, China natural gas and coal chemical policies, China
gas market and gas pipeline development, technology &
economic analysis of SNG, update of constructing & planning
projects, development & application of advanced coal
gasification and methanation technology will be focused.
For more information, please see
http://www.chinacoalchem.com/events/2010SNG/SNGChina2010.pdf
2009-12-31
CNPC, allies win
$9.7b gas contract
China National Petroleum Corp (CNPC), along with companies from
South Korea and the United Arab Emirates (UAE), has won contracts
worth $9.7 billion to develop a large natural gas field in
Turkmenistan.
The consortium, comprising of CNPC, South Korea's LG International
Corp and Hyundai
Engineering Co,
and the UAE's Gulf Oil & Gas Fze and Petrofac
International Corp,
will jointly develop the South Yolotan gas field, according to Turkmen media.
The Yolotan field is considered to be one of the biggest five
natural gas deposits in the world and may hold around 6 trillion
cu m of gas.
A CNPC spokesman, however, said yesterday that he was not clear
about the deal, but added that Turkmenistan was one of the most
important natural gas markets for the company.
China and Turkmenistan signed an agreement in 2007, under which
the Central Asian country would export 30 billion cu m of natural
gas to China annually for the next 30 years.
Under the deal, CNPC is currently developing natural gas fields
in the Bagtyiarlyk area at Amu Darya Right Bank in
Turkmenistan. A CNPC executive yesterday told China Daily that
the output of natural gas from Bagtyiarlyk would amount to 5
billion cu m by next year.
A natural gas
pipeline
linking Turkmenistan and China's Xinjiang Uygur autonomous region
started operations earlier this month as part of the agreement.
The project is expected to play an important role in China's
efforts to increase the use of natural gas to 5 percent of its
total energy consumption in 2010, said analysts.
"The new deal will help meet the rising domestic demand for
natural gas in the country," said Lin Boqiang, director of
China Center for Energy Economics Research of Xiamen University.
Meanwhile, CNPC's listed arm PetroChina Co has won the approval
of the Canadian government for its C$1.9 billion ($1.8 billion)
bid to buy a stake in two Alberta oil sands projects, which is
its biggest North American acquisition.
PetroChina has signed agreements with Athabasca Oil Sands Corp
(AOSC) to take a 60 percent stake in the Canadian company's
MacKay River and Dover oil sands projects.
中国、石炭化学工業の生産設備増強を今後数年間認めず
国家発展改革委員会、工業情報化部などは30日、「過剰生産能力の抑制と産業の健全な発展の誘導」に関する記者会見で、コークス、カーバイド、メチルアル
コールなど従来型の石炭化学工業の新工場の建設や生産能力の単純な拡大を今後数年間は認可しない方針を明らかにした。現代的な石炭化学工業モデル事業の推
進とその評価作業を着実に行い、新たな試験事業の計画は原則的に行わない。
国家発展改革委員会産業司の李寧寧副司長は、中国の石炭化学工業の生産能力の過剰と盲目的な建設の状況を紹介した後、過剰生産能力が生じた主要原因として
（１）中国は元々石炭が多く、石油が少なく、天然ガスに乏
しいという資源分布で、従来型の石炭化学工業は技術・設備、製品市場が比較的成熟しており、投資も比較的手軽で、成長追求の目玉となりやすかった
（２）国際原油価格が不安定な中、全体として上昇し、石油代替製品の技術にいくつかのプレークスルーがあったことから、投資益の高台を占め、炭鉱資源を囲い込むために、現代的な石炭化学工業が投資家に注目された
（３）市場情報が歪み、スムーズでなく、市場のグローバル化や化学工業製品の周期的な谷に対する認識が足
りず、ただ流れに乗って短期的な利益を求めたこと
（４）成長速度ばかり追求し、設備建設や事業立ち上げに熱を上げ、企業誘致と資本導入を全面的に行い、ひ
たすら資源的優位の経済的優位への転化ばかり求めたことーーを挙げた。
China Daily 2009-12-31
Green plans on track,
NDRC says
Nation to curb overcapacity, develop low-carbon economy
China is making concrete efforts toward a low-carbon economy by
curbing overcapacity and boosting strategic emerging industries,
a senior official at the nation's top economic planner said
yesterday.
Li Ningning of the National Development and Reform Commission
(NDRC) said the overcapacity problem in a few sectors such as the
coal chemicals industry must be tackled head on.
China is the biggest producer of coal chemicals. From January to
November this year, China produced 314 million tons of coke, up
8.2 percent year on year, Li said.
In 2009, the production capacity of coke expanded by 30 million
tons, while exports were down 96 percent from a year earlier to
480,000 tons. The capacity utilization rate 80 percent in 2008,
he said.
"China is a country comparatively rich in coal, but lacks
oil and gas. The absence of mature technology and the low
investment threshold in the coal chemical industry means it is
conducive to further investment," said Li.
Restructuring of the coal chemical industry involves eliminating
outdated coal chemical production capacity, supporting
technological innovations and strengthening policy guidance, according to Yuan Longhua, an
official from the Ministry of Industry and Information
Technology.
Wang Jian, secretary-general of the China Society of
Macroeconomics, had written in an article published by the
Xinhua-run Outlook Weekly that 17 industries in China faced
excess capacity in 2008, rising from 11 in 2005. And the number
of industries with excess capacity was still rising, Wang added.
Premier Wen Jiabao told Xinhua on Sunday that overcapacity was
the result of an imbalanced economic structure in China.
"To resolve the problem of overcapacity, the most important
thing is to take economic, environmental, legal and, if
necessary, administrative measures to eliminate backward capacity
and, in particular, restrict the development of energy-consuming
and polluting industries with excess capacity," Wen said.
During the press conference yesterday, Shi Lishan, another
official with the NDRC, said the government needed to develop
hi-tech industries such as wind and solar power equipment
manufacturing as China rushed to build a low-carbon economy.
Earlier this month, Premier Wen had listed seven hi-tech emerging
industries - new energy, energy-saving and
environmental protection, electric vehicles, new materials,
information industry, new medicine and pharmacology, as well as
biological breeding.
Boosting low-carbon technologies was crucial for the
transformation of the nation's economy, Wen said.
Of the seven emerging industries that needed particular
attention, new energy, energy-saving, environmental protection
and electric vehicles industries were on the government's
priority list.
By the end of 2008, China's energy-saving and environmental
protection industries totaled 1.55 trillion yuan ($227 billion),
accounting for 5.17 percent of the country's GDP, according to
the NDRC.
He Bingguang, another NDRC official, forecast at a forum on
low-carbon economy held in Beijing last week that due to
government policies the two industries would account for 7 to 8
percent of China's gross domestic product (GDP) by 2015.
In fact, financing of low-carbon industries has been part of the
government's stimulus package.
Liu Mingkang, chairman of the China Banking Regulatory
Commission, said Chinese banks would continue to play a positive
role in energy conservation and environmental protection, as well
as helping to adjust the economy's structure.
"Banks should be part of concerted efforts to make a
low-carbon economy," he said at a financial forum here last
week.
To control risks, banks should create more low-carbon financial
products to benefit the "green economy", Liu said.
Shanghai Huayi Kicks off 38 000 T/A ABS Project
Shanghai Huayi Polymer
Co., Ltd., a subsidiary of Shanghai Huayi (Group) Company上海華誼集団公司, recently held a ceremony for the
construction of its 38 000 t/a ABS (acrylonitrile-butadiene-styrene)
project in Shanghai Chemical Industry Park.
With a total investment of around RMB500 million, the project is
the first phase of 200 000 t/a ABS project.
Sinopec starts up
petrochemical complex in Tianjin
On Jan. 15, 2010, Sinopec started production for its new large
scale refinery and ethylene complex in Binhai New District,
Tianjin.
The complex mainly includes a new 10 Mt/a refinery, a 1 Mt/a
ethylene cracker and derivatives. The refinery is operated by
Sinopec Tianjin Petrochemical Co., while the ethylene cracker and
derivatives project is operated by a 50:50 jv between Sinopec and
SABIC, which is named as Sinopec Sabic (Tianjin) Petrochemical
Co. [中沙(天津)石化]. The jv was set up in Nov. 2009
with investment of US $2.7 billion, and will produce 3.2 million
tons annually of various chemical products.
Sinopec Tianjin has existing refinery with processing capacity of
5.5 Mt/a, and other units also includes ethylene 200 kt/a, PX 380
kt/a, PTA 344 kt/a, polyester 200 kt/a, polyester staple fiber
100 kt/a and polyester filament fiber 90 kt/a. After the new
complex commissioned, Sinopec has total refinery capacity 15.5
Mt/a and ethylene 1.2 Mt/a (including the jv capacity).
This complex was seemed as one of China’s key national projects from 2006
to 2010 period (11th - 5 Years Plan), as well as a symbolic
project for the development of Tianjin Binhai New District. In
Nov. 2009, the Tianjin Binhai New District was set up by the
merge of three former districts - Hangu漢沽区, Dagang 大港, and Tanggu 塘沽区.
(This complex is located in Dagang.)
According to the official media, this project is estimated to
raise Tianjin's gross industrial output value by more than 4% and
drive up investment of RMB 100 billion in the downstream
industries and support projects.
Sinopec-SABIC completes JV's $2.68 bln financing
SABIC said on Monday that its joint venture with China's Sinopec has obtained financing worth a total of $2.68 billion for their Tianjin petrochemical complex.
The joint venture obtained 12.26 billion yuan ($1.8 billion) long-term financing from Chinese lenders and 6 billion yuan to cover its working capital needs, SABIC said in a statement on the Saudi bourse website.
国家発展改革委員会(NDRC)は1月13日、浙江桐昆集団(Tongkun
Group) 子会社の嘉興石油化学の年産80万トンのPTA計画を昨年12月に承認したと発表した。
30.4億人民元を投じて浙江省嘉興市の乍浦経済開発地区に建設するもので、昨年第1四半期に環境面での承認を取得している。2012年上期のスタートを目指す。
桐昆集団は浙江省嘉興市に本拠を置く私企業で、PETチップとPET繊維を主事業としている。
同社は2009年にPETチップ 286千トン、PETフィラメント
124万トンを生産した。
このほか、不動産、金融、教育、貿易なども行っている。
この計画には当初、韓国ロッテグループのKP
Chemicalが参加することで検討してきた。しかし、KP
Chemicalは同社の投資方針の変更で昨年この計画から撤退した。
KP Chemicalは2001年にKohap Corp.から独立して設立され、2004年にロッテグループのホナム石化が買収した。
蔚山でベンゼン（110千トン）、パラキシレン（750千トン）、PTA（950千トン）などを生産している。
同社は昨年6月、AkzoNobel のパキスタン子会社ICI
Omicronからパキスタン唯一のPTAメーカーPakistan PTAの株式75%を買収した。Pakistan
PTAは能力400千トンで、2002年から生
産している。
（Akzoは2007年にICIを買収した）
KP Chemicalはパキスタン進出のため、中国の計画から撤退したものと思われる。
From January to November 2009, China net imported PTA 4.62 Mt and PX 3.08 Mt; in 2009 the total PTA and PX net import are expected to reach 5 Mt and 3.3 Mt respectively.
2004/11/10
S Korea's Honam Petrochemical completes purchase of KP Chemical2004/3/22 AsiaPulse
Honam Petrochemical Chosen as Final Bidder for KP Chemical
KP Chemical today said that through a public offering it has chosen Honam Petrochemical as the final preferred bidder for the company. The consortium of KC Holdings Co. Ltd. was chosen as preparatory preferred bidder.
KP Chemical will go through due diligence and price negotiations with Honam before concluding the takeover by the first half of this year, if possible, an official of the lead-manager for the sale, Samjung KPMG, said. The offered price and exact contract schedule have not yet been publicly released.
KP Chemical, which has been under a workout program by about 40 creditors, led by Woori Bank, since its separation from troubled Kohap Corp. in December 2001, produces materials for polyester products.
It produces nearly 400,000 tons of packaging resin for PET (polyethylene terephthalate) bottles annually, which is 34.5 per cent of the domestic market, the nation's largest share, according to Samsung Securities Co.
KP Chemical's net profit was 20 billion won (US$17.26 million) in January and February, a Woori Bank official said.
The creditors claim 87 per cent of its stake, and the total debt of KP Chemical as of the end of last year was 606.9 billion won.
"If Honam acquires KP Chemical, both companies could enjoy a great synergy effect," a Samjung KPMG official said.
Honam Petrochemical, the sixth-largest domestic producer in the petrochemical industry, turns out 2.57 million tons of 15 petrochemical products annually, according to industry sources.May 4, 2007Yonhap
KP Chemical pushes to build PTA plant in China
KP Chemical Corp., the petrochemical arm of the Lotte Group, said Thursday it is reviewing construction of a plant to produce purified terephthalic acid (PTA) in China."We are planning to build a plant that can produce 800,000 tons of PTA annually in China in cooperation with Chinese polyester maker Tongkun Group Co.," the company said in a filing to the Korea Exchange. PTA is a raw material for polyester fiber used to make conveyor belts and fishing nets.
2009/6
AkzoNobel says it has agreed to divest its 75% stake in the purifed terephthalic acid (PTA) activities of its Chemicals Pakistan business, to petrochemical firm KP Chemical (Seoul). The business does not fit with the rest of AkzoNobers portfolio, the company says. Financial details of the deal were not disclosed.
1995/12
ICI Pakistan today announced the construction programme for its US$350 million plant to manufacture Pure Terephthalic Acid (PTA). This plant, with an annual capacity of 400,000 tonnes, will be located on a 100 acre site at Port Qasim. The total investment in this Project inclusive of pre-commissioning costs and associated working capital requirements will amount to US$450m.
生産開始 2002年
The transaction is expected to be completed in the fourth quarter. AkzoNobel acquired a 75% stake in Pakistan PTA Ltd., which is listed on the Karachi Stock Exchange, as part of the acquisition of ICI (ICI Omicron B.V.) in 2008. AkzoNobel told CIg last year that the former ICI business in Pakistan, including PTA and soda ash, would eventually be divested.
ICI announces the completion of modalities for acquisition of ICI Plc UK, parent company of ICI Omicron BV, by Akzo Nobel NV,
KP Chemical (Ulsan)
B 110, OX 210, PX 750, PTA 950
Tongkun group is located
in Tongxiang,Zhejiang province in the field of polyester yarn and
PET chips. We have been engaged in this area for 28 years with
more than 10 subsidiary and joint stock companies.Meanwhile we
deal with real estate, banking and trading. We are the largest
filament manufacturer in China and our polymer capacity is
1,200,000mts/y and filament yarn capacity is 1,400,000mts/y.
Our group owns all sorts of advanced equipments such as DUPONT,
BARMAG and TMT for polymer,spinning,winding and texturising. We
manufacture various specifications of polyester filament yarn
include POY, FDY, DTY, ITY, MIDDLE TENACITY yarn, which cover
semi-dull, bright, dope dyed black and cationic. Our quality
management system is in conformity with ISO9001: 2000, our
products are well received in local market , meanwhile sold to
more than 40 countries, such as South East Asian, Middle East,
South Africa and Europe etc..
Our sales amount reaches over USD1,400,000,000. Our group has
three polymer units with the capacity of 180000MT/y. Besides, the
control system is DCS from Honeywell. We can supply four kinds of
PET chips, such as semi-dull, bright, cationic and viscous ones.
The product range of polyester filaments includes POY, FDY, DTY
and ITY, which are from 50 deniers to 300 deniers.
The turnover of our group in 2008 was over 13.7 RMB, of which
export volume realized U.S.$ 120million. We are in top 3
enterprises among the field of chinese chemical fibre, and we
have been ranked the top 500 Chinese enterprises continuously for
6 years since 2002.
Tongkun Group is the national large enterprise. The national
high-tech enterprise and it ranks in one of 3 strongest
enterprises in Chinese polyester fiber manufactory, in one of 10
strongest rate-paying enterprises in Chinese polyester fiber
manufacturing industry, in one of the 10 strongest enterprises in
Chinese chemical fiber industry, one of the 50 most competitive
private-own enterprise, one of the 500 strongest Chinese
enterprises. Moreover, our company was awarded the "National
Labor Warranty". Tongkun was one of ZheJiang's first known
firms. The leading product "GOLDEN COCK" polyester yarn
is
Cabot Announces Expansion of Fumed Silica Facility in China
On January 19th, 2010 Cabot Corporation and China
National Bluestar (Group) Co. Ltd. announced that Cabot (China)
Ltd., a subsidiary of Cabot Corporation, and Bluestar New
Chemical Materials Co. Ltd have signed an agreement to
significantly expand the fumed silica capacity at the companies'
joint venture plant in Jiangxi province, China.
The Jiangxi site will have the near-term potential to produce up to 20 000 tons a year of fumed silica and will
manufacture a wide range of products for multiple applications.
The expansion will in its first stage increase the Jiangxi fumed
silica capacity from 5 000 t/a to more than 15 000 t/a by the
end of 2011.
Sinopec Expands Anqing
Refining and Petrochemical Complex
Sinopec Anqing Petrochemical Co., Ltd., a subsidiary of Sinopec
Corp., started expansion of the refining and petrochemical
integrated complex in Anqing of Anhui province on January 18th.
The Sinopec Anqing Petrochemical's refining capacity will expand to
8
million t/a from the current 5 million t/a, and the company will have ability
of producing 2.7 million tons of the national standard III oil
products per year to serve the central China market.
Dagu Chem starts up SM
project in Tianjin
On Jan. 22, 2009, Tianjin Dagu Chemical Co. (Dagu Chem) started
up its SM project and produced on-spec products in Bohai Chemical
Park, Binhai New District (Tanggu District), Tianjin.
With total investment of RMB 6.8 billion, Dagu Chem has built two
derivatives project integrated with new Tianjin large scale
ethylene cracker, the one is 500 kt/a SM project and the other is
400 kt/a ABS project. The SM project is commissioned while the
ABS project is under construction and is expected to start up in
Q2 2010.
Feedstock of the SM project will secure from the new commissioned
Sinopec-Sabic jv cracker, the product is target to north China,
east China and south China areas. The SM product will be also
partly for captive use after the 400 kt/a ABS project start up.
天津大沽化工は2007年8月にShaw Groupとの間でエチルベンゼン/SMプラント建設に関して、技術供与、基礎設計、資材購入、訓練の契約を締結した。
Shaw Group とExxonMobil Chemical のJVである Badger Licensing, LLC の技術が採用された。
同社はまた2008年1月に、Shaw Group とABSプラント建設の技術・設計・購買契約を結んだ。
SABIC Innovative Plastics Technologies の技術を採用した。なお、天津大沽化工はLGとのJVの天津LG大沽化工でPVCを生産している。
LGは寧波の寧波LG甬興化工でABSを生産しているが、今回の天津計画はLGとは関係なく、天津大沽化工単独で実施する。2007/8/23 天津大沽化工、天津でＳＭ 500千トンプラント建設
In 2010, besides the Dagu Chem 500 kt/a SM project, Ningbo ZRCC Lyondell Chemical Co. - the jv between Sinopec Zhenhai and Lyondell - will start up its SM/PO project in Q2 2010 with SM capacity of 620 kt/a. (PO 285 kt/a)
2007/2/26 Lyondell とシノペック鎮海煉油化工、寧波で PO/SM 生産
From Jan. 2009 to Nov. 2009, China imported SM 3.27 Mt. The total SM import of China reaches 3,646Kt in 2009, nearing 30% increase than 2,811Kt in 2008.
中国でのCoal-to-MEGの動き
中国でのポリエステル産業の急速な発展を受け、原料PTAとMEGの需要が増大しているが、MEGについては生産はそれほど増えておらず、依然として輸入に頼っている。
2008年の輸入量は520万トンで、自給率は30%を割っているが、2009年の輸入も580万トンで、前年より12%増大している。
2000年から2008年の間、MEGの消費は平均して毎年18.4%増えているが、供給の伸びは12.3%にとどまっている。
MEGの需要と供給の大きなギャップのため、Coal-to-MEG（石炭からのMEG生産）への関心が高まっている。
コンサルタント会社のASIACHEMによると、多くの研究機関やエンジニアリング会社がCoal-to-MEG の開発、商業化を競っている。
中国科学院福建物質構造研究所(FJIRSM, CAS)は、長年の研究の結果、合成ガスからMEGを生産するための触媒と合成技術を開発した。
CO、NO、水素、酸素、メタノールを原料として、シュウ酸エステル酸化/カップリングでMEGを生産するもので、年産300トンと1万トンのパイロットプラントを稼動させている。
昨年12月に通遼GEM Chemicalが世界初のCoal-to-MEG試運転に成功した。
FJIRSM, CASの技術によるもので、第一段階としてMEG15万トンとシュウ酸10万トンの試運転に成功、2010年にも商業生産を開始する。
湖北省研究所(HBCRI) は昨年9月、石炭ガス化及びMEG合成に関する3つの重要な触媒を開発、研究室での実験に成功した。３つの触媒はそれぞれ、脱水素、しゅう酸ジメチル合成、しゅう酸ジメチル水添に使用される。
HBCRI
と中国五環化学工程公司(China Wuhuan Engineering)、及び鶴壁宝馬集団（Hebi Baoma ）は本年1月、河南省鶴壁市の宝馬集団の工場で合成ガスからのMEG生産のJVの設立の式典を行った。
年産300トンのパイロットプラントと20万トンの商業生産用プラントを建設するもので、宝馬集団の既存のメタノールプラントとユーティリティを使用する。
また、華誼集団の上海コーキングは大学や研究所と協力し、Coal-to-MEGの研究開発を実施してきたが、新しいプロセスでの年産1万トンのパイロットプラントを建設する。
天津大学などもCoal
to MEG の開発を進めている。
MEG生産の新しい手法としてのCoal-to-MEG は2009年の中国の石油・石油化学分野での景気刺激策の１つに挙げられた。
MEGの市場が拡大しており、価格も高いため、Coal-to-MEGは中国の石炭化学産業の注目事業となりそうだ。
ASIACHEMの最新の報告では、中国のMEGの能力は2012年までに460万トンとなり、生産量は345万トン程度になる。
その時点での需要は1050万トンで、700万トン程度の不足となる。このため、Coal-to-MEG の必要性は続くこととなる。
しかし、中東でのエタンやナフサベースでのMEGも増えるため、Coal-to-MEGの製造コスト、建設費、プロセスの信頼性などがキイとなる。
SINOPEC to build two MTO projects in Henan
In Feb. 3, 2010, SINOPEC
and Henan Provincial Government signed a memorandum of
outstanding, deciding to set up a 1.8Mt/a methanol to 600kt/a
olefins project in Baoshan Cyclic Economy Industrial Cluster,
Hebi City, Henan Province.河南省鶴壁市
The project will be
jointly executed by SINOPEC and Henan Coal & Chemical
Industry Group (HNCC河南煤業化工集団）. The project shall combine coal
mining, methanol synthesis, MTO (methanol-to-olefins) and
downstream processing into an integrated operation. Work of the
project preliminary stage is divided between HNCC, in charge of
the coal mining design, and SINOPEC, in charge of that of
methanol, MTO and the derivative plants, while relevant
governmental departments of Henan province shall provide the
supporting documents necessary for the project proposal. The
project application report shall be accomplished and submitted to
state authorities before June 2010.
According to the earlier released information, at the end of
2009, SINOPEC approved the ethylene feedstock diversifying
project proposed by Zhongyuan Petrochemical 中原石油化学in Puyang濮陽市, Henan Province. This project was
reported to cost around CNY1.5bn and use a SINOPEC self-developed
SMTO process. Construction scope shall cover a 600kt/a methanol
to 200kt/a olefin unit. Also, it includes the expansion of
existing PE unit to 260kt/a and a new PP plant of 100kt/a
capacity. Zhongyuan Petrochemical is a subsidiary of SINOPEC. It
is currently operating a 180kt/a ethylene cracker, a 200kt/a PE
unit, a 60kt/a PP unit, a 50kt/a C4 extraction and a 100kt/a
aromatic extraction plant.
Combining the news, SINOPEC is supposed to execute two MTO
project in northern part of Henan Province. Firstly, the company
will build a demonstration MTO unit of 200kt/a olefins in Puyang
. Then a larger size MTO complex (600kt/a olefins) shall follow
and to be built in Hebi.
According to the analysis of ASIACHEM, the existing naphtha
crackers of under 300kt/a capacity in China will gradually lose
their competitiveness with those coal-based olefin plants
developed in China or ethane-based crackers boomed in Middle
East. Therefore, the feedstock change project of Zhongyuan
Petrochemical, once comes true, will be a good choice for
SINOPEC, by the project not only the company can obtain
commercial experience from the 200kt/a MTO operation and avoid
the risk of one-step scale up to 600kt/a capacity, but also the
existing downstream plants and distribution channels can be made
full use to reduce investment cost.
SINOPEC has developed SMTO (initiated with S for SINOPEC) process
as a technology reserve. In 2007, SINOPEC built a 100t/d SMTO
commercial pilot unit in Yanshan Petrochemical. Then in 2008 the
company developed 1.8Mt/a SMTO process package and acquired all
capabilities necessary for the engineering & construction of
full size MTO complex.
Sinopec announced that it has all the capabilities to scale up the SMTO project to 1.8 Mt/a (methanol feedstock).
Both Puyang and Hebi are located in northern part of Henan Province, belonging in one of the state planned 7 coal chemical industry bases, i.e. the borderland between Jiangsu, Shandong, Henan and Anhui Provinces. The abundance of local coal and water resources will provide a better foundation for SINOPEC to develop coal chemical projects.
シノペック鎮海煉油化工、新エチレンセンターのポリプロ工場を先行稼動
シノペック子会社の鎮海煉油化工（ZRCC：Zhenhai Refining & Chemical
Co.）は2月10日、浙江省寧波市の鎮海で新しいポリプロ工場をスタートさせ、オンスペックとなった。
能力は30万トンで、2007年に建設を開始し、昨年12月に設備が完成した。製造技術と触媒はシノペックのもの。
同社は年産100万トンのエチレンコンプレックスを建設中で、エチレンと誘導品は3月終わりか4月初めにスタートする予定。
ZRCCはシノペックの製油所の一つで、原油処理能力は23百万トンあり、年産60万トンの尿素、100万トンのBTX、20万トンのポリプロを持っている。
既存のポリプロは製油所から原料プロピレンを得ており、エチレンコンプレックスがスタートするまでは既存ポリプロを停止し、使っていたプロピレンで新しいポリプロを稼動させる。
コンプレックス完成後のポリプロ能力は合計50万トンとなる。
2009年に中国は155万トンのプロピレン、412万トンのポリプロを輸入している。
なお、ZRCCのエチレンコンプレックスの誘導品の能力は以下の通り。
LLDPE 450 千トン
PP 300
EO/MEG 650
BTX 600
エチルベンゼン 650
MTBE 110
Butene-1 40
Butadiene 160
SM(jv) 620
PO (jv) 285
PG (jv) 100
SM、PO、PGはLyondellBasell との50/50JV（Ningbo ZRCC Lyondell Chemical ）の事業で、SMとPOは併産となっている。
Datang gets approval for
Coal-to-SNG project in Fuxin , Liaoning Province
In early Mar. 2010, Datang Group has got approval from National
Development and Reform Commission (NDRC) for its coal-to- SNG
(synthetic natural gas) in Fuxin , Liaoning Province遼寧省阜新市. This is the second approved SNG
project of Datang, and also it is the 3rd SNG project approved by
NDRC in China.
With total investment RMB 25.7 billion, the designed capacity of
Datang Fuxin SNG project is 4 billion Nm3/a or 12 million Nm3/d,
the project will locate in Fuxin, and the SNG product is target
to supply Shenyang瀋陽市 and nearing cities as town gas.
On Aug.31, 2009, Datang Group started construction for its 1st coal to SNG project in Hexigten County (Keshiketeng),
Chifeng, Inner Mongolia内蒙古自治区赤峰市の克什克騰. With total investment of RMB
25.7 billion, the designed capacity of this coal based SNG
project is 4 billion Nm3/a, about 12 million Nm3/d. It will be
conducted by three stages, in the 1st stage by the end of 2010,
the SNG capacity will have 1.34 billion Nm3/a; in the 2nd stage
by the end of 2011, the SNG capacity will get 2.68 billion Nm3/a;
in the 3rd stage by the end of 2012, the SNG capacity will reach
4 billion Nm3/a.
In Dec. 2009, the first private SNG project in
China invested by Huineng Group匯能集団
was approved by
NDRC. With the total investment of RMB 8.87 billion, designed SNG
capacity is 1.6 billion Nm3/a, the construction site is
Yijinhuoluo County , Ordos, Inner Mongolia .
According to the data from ASIACHEM Consulting, China output
natural gas 83 billion Nm 3 in 2009, and the net import of
natural gas is about 4.5 billion Nm3. Now, there are about 15
coal-to-SNG projects proposed in China . It is expected that
China will have around 20 billion Nm3/a SNG capacity in 2015,
accounting for about 10% of consumption then. ASIACHEM considers
that developing of coal based SNG projects demonstration and
commercial operation will help to provide relatively cheap and
reliable source of natural gas for the domestic market, and it
will also help boost the negotiation and pricing power when China
import natural gas from overseas market.
2010-03-09 China Daily
Sinopec mulls oil refinery JV with ExxonMobil, Aramco
Sinopec, China's largest oil refiner, is considering joining
forces with two global oil conglomerates to build an oil refinery
able to process 12 million tons of crude per year in Fujian, a
source familiar with the matter said on Monday.
The project would expand Sinopec's existing integrated oil
refinery and petrochemical complex in the province,.
The project would include cooperation with US' ExxonMobil and
Saudi Aramco, the national oil company of Saudi Arabia, said
former vice-governor of Fujian Jia Xitai, a deputy to the ongoing
National People's Congress (NPC) on Monday. The companies have
started a feasibility study on the project, he said.
The petrochemical complex can also produce 1 million tons of
ethylene per year, said Jia.
Ethylene is a colorless flammable gas derived from natural gas
and petroleum.
The construction project is part of Sinopec's plan to expand its
existing joint-venture project in Quanzhou, Fujian province, said
Jia.
The company, together with ExxonMobil and Saudi Aramco, started
operations at their 40-billion-yuan ($5.86 billion) oil refining
and petrochemical complex last year.
Rapidly growing demand for refined oil products in Fujian, an
eastern coastal province, is fueling the project, said Jia.
"It will further ensure our energy safety," he said.
Analysts said cooperation between the three companies would bring
good synergy to the project. "ExxonMobil has advanced
technologies, and Saudi Aramco can offer a sustainable supply of
crude oil," said Lin Boqiang, professor with Xiamen
University.
Such large-scale petrochemical projects are seen to benefit
China's petrochemical industry, as restructuring of the industry
and technology upgrades would be the main focus for the sector in
the long term, he added.
China adopted a new oil pricing mechanism last year, which is
expected to help domestic refiners operate more efficiently, said
analysts.
Under the mechanism China altered domestic gasoline and diesel
prices eight times last year - including five price hikes and
three price reductions.
The country may adjust the price of refined oil more frequently
this year, which would "let refiners pass their costs onto
end users more easily", said Lin with Xiamen University.
China's petrochemical industry may see 13 to 15 percent
year-on-year revenue growth this year, thanks to the economic
recovery, according to the China Petroleum & Chemical
Industry Association (CPCIA). Total investment in the
petrochemical industry is expected to grow by 15 percent this
year, it said.
China's petrochemical industry includes oil and gas extraction,
oil refining, chemical production and equipment manufacturing.
The sector posted turnover of 6.63 trillion yuan in 2009, up 0.3
percent from a year earlier, according to statistics from CPCIA.
藍山屯河化学、新疆ウイグル自治区でEPS生産開始
藍山屯河化学(Blue Ridge Tunhe Chemical)は3月初め、新疆ウイグル自治区の奎屯ー独山子石化パークでEPSの生産を開始した。
4億人民元を投じたもので、生産能力は12万トン。昨年9月に生産を開始したペトロチャイナの独山子石油化学の第二期計画の一部で、原料SMを同コンプレックスからパイプで受け入れる。
2008年7月に建設を開始し、当初はコンプレックス完成に合わせ、2009年に生産を開始する予定であった。
製品は新疆ウイグルや中国北西部に主に供給する。
現在、中国のEPSの能力は約330万トンで、2009年には中国全体で77.5千トンを輸入し、259千トンを輸出している。
藍山屯河化学は元の社名は新疆屯河工貿（Xinjiang Tunhe Industry and Trade Company)で、2008年に米国の不動産関連の投資会社Blue Ridge Capital と中国のオンライン旅行サービス会社で米国のNASDAQに上場しているeLong, Inc のオーナーのJustin TangとのJVのBlue Ridge Capital Chinaが買収し、改称した。
今回のEPSのほかに、新疆ウイグル自治区の昌吉市に11万トンのPETと6万トンのPBTを持っている。
なお、Blue Ridge Capital Chinaは中国への投資のために14.5億ドルを集め、藍山屯河化学のほかに、不動産、水処理、新エネルギー、環境保護などに投資している。
昨年9月にスタートしたペトロチャイナの独山子石油化学の第二期計画は以下の通り。
製油所 10,000千トン
エチレン 1,000千トン
HDPE 300千トン
All-density PE
600 千トン
PP 550 千トン
BTX 600 千トン
SM
320千トン
PS 130千トン
EPS 120千トン （藍山屯河化学）
Butadiene 130千トン
SBR
100 千トン
SBS
80千トン
自治区政府では誘導品計画の誘致を図っているが、現在具体化しているのは藍山屯河化学のEPSだけとなっている。
なお、独山子石油化学の第一期のエチレン能力は220千トンで、合計能力1,220千トンとなった。
AsiaInfo Services 2008/4/18
Blue Ridge Capital China Acquires Tunhe Industry and Trade
Blue Ridge Capital China, one of China's biggest PE funds, has completed its acquisition of Xinjiang Tunhe Industry and Trade Ltd., a battered chemical producer based in the northwestern Chinese province of Xinjiang, for USD 90 million, citing a latest announcement by Blue Ridge Capital China.
The subsidiary, now called Xinjiang Blue Ridge Tunhe Chemical Industry Co., Ltd. is mainly engaged in the production of fine chemicals and chemical building materials, the development of water saving technology as well as------
February 20, 2008,
Blue Ridge Raises $1.45 Billion for China Deals
With big takeovers in Europe and the United States hampered by global credit troubles, buyout firms are turning to Asia and Blue Ridge Capital, the New York-based hedge fund, has joined the crowd, raising a $1.45 billion fund for investment in companies in China.
The fund, with an investment period of five years, will look to invest in areas like energy, retail, real estate, technology and consumer products.
Justin Tang, a co-founder of Blue Ridge China, told Reuters that investors were increasingly interested in private equity in China because, unlike in Western markets, it was not dependent on leveraged buyouts.
Blue Ridge China Partners, L.P. is a private equity fund focused on China. Blue Ridge China Partners was founded by members of Blue Ridge Capital, a New York-based global investment firm that was established in 1996, and Justin Tang.
Blue Ridge Capital (BRC) is an Atlanta-based real estate investment company targeting value-added properties in the Southeast. The company specializes in retail centers, but also considers other turn-around or opportunistic real estate investments, offering the potential for value enhancement. Since our inception in 1999, BRC has acquired as a principal 47 real estate assets.
Justin Tang is responsible for the overall strategy and management of eLong, Inc. (NASDAQ: LONG), a leading travel service company headquartered in Beijing with a national presence across China. Expedia, Inc. owns a 52 percent fully diluted stake in eLong, representing 96 percent of the total voting power of eLong. In 2001, Tang led the buyout of eLong’s business from its parent company, Asia.com. Prior to the buyout, Tang was the founder and president of Asia.com. Tang was originally one of the co-founders of eLong.com, and he was responsible for eLong’s $68 US million merger with Mail.com.Prior to founding eLong.com, Tang was a vice president at Oscar Gruss & Son Incorporated, a New York?based investment banking firm. He has also worked for Brookehill Equities, Inc., and Merrill Lynch & Co., and has seven years experience in venture investment and the financial services industry. Tang studied at Nanjing University in China and received his BS degree from Concordia College in the United States. Visit www.elong.com Photography Credits
Blue Ridge Capital employs a small group of talented and dedicated people who handle all aspects of operating a property - leasing, management, and construction - providing our tenants the personal attention they deserve. Our hands-on approach assures incoming tenants that projects are completed on time and at the lowest possible cost, which we pass on in the form of a competitive rental structure.
Blue Ridge Capital operates under the belief that there is no better market in the country to pursue our ambitions than the Southeast - our own "backyard".
Jilantai Takes Caustic
Soda Unit on Stream
On March 6th the first bag of flake caustic soda was made by the
second phase 180 000 t/a caustic soda unit of Jilantai Salt
Chemical Group Co., Ltd. of China National Salt Industry
Corporation, stating that the unit normally came on stream.
This caustic soda
unit was constructed to match with the 200 000 t/a
polyvinyl chloride
unit that will soon start up. The construction on the second
phase was started in June 2008. But the completion will be more
than one year later than the planned schedule. The company has
had the two phase's public facilities linked each other on
February 24th.
The project locates in Alashan Economic Development
Zone, Inner Mongolia.
CCR 2010-3-22
Butadiene Makers Enjoy Brisk Demand
Most of China's running butadiene production units have been
constructed matched with the ethylene crackers. China has 29
butadiene producers as of 2008, together with a capacity of 1.737
million t/a and a combined output of 1.361 million tons. In 2009,
along with the startup of the 120 000 t/a unit of Fujian Refining
& Chemical Co., Ltd. and the 120 000 t/a unit of Liaoning
Huajin Chemical Industry Group Co., Ltd., China's total capacity
of producing butadiene reached 1.977 million t/a.
China's major butadiene manufacturers in 2009
Company
Capacity (thousand t/a) Output (thousand tons) Process
PetroChina Jilin Petrochemical Company 230 123 ACN
Sinopec Yangzi Petrochemical Co., Ltd. 206 178 DMF
Sinopec Qilu Company 164 145 one ACN and two DMF units
CNOOC Shell Petrochemicals Co., Ltd. 155 144 ACN
Sinopec Maoming Company 150 133 DMF
PetroChina Lanzhou Petrochemical Company 135 101 ACN
Sinopec Beijing Yanshan Company 135 123 one ACN unit and one DMF unit
Sinopec Shanghai
Petrochemical Co., Ltd. 106 118 DMF
Shanghai Secco Petrochemical Co., Ltd. 90 81 NMP
CCR 2010-3-22
Dongyue Group Commercially Produces Ionic Membrane
Dongyue Group Ltd., China's leading fluorine and silicon
materials manufacturer, recently announced it commenced
commercial production of ionic membrane that can be used in
chlor-alkali production units. The research and development
team of the group that has spent eight years in this project was
awarded by the Shandong provincial government on February 22nd,
2010.
In the early March
the unit has manufactured qualified membranes that are identified
meeting the requirements of design and use. This kind of membrane
is made of perfluoro materials. Currently, China's all
chlor-alkali companies use imported perfluoro ionic membrane that
is sold at RMB10 million per ton.
On February 22nd
the technological innovation strategic alliance for the fluorine
& silicon functional materials industry initiated by Dongyue
Group was officially approved by the Shandong provincial
government. The alliance now has 16 members.
神華寧夏煤化集団、2基目のMTO建設
寧夏自治区の発展改革委員会はこのほど、神華寧夏煤化集団(神華寧煤:Shenghua Ningxia Coal Industry Group)が寧夏自治区銀川市のアジア最大の石炭化学パーク 東寧夏エネルギー・化学基地(Ningdong Energy & Chemical Base )で年産60万トンのMTO(methanol-to-olefins)を計画していることを明らかにした。
71.77億人民元を投じて、180万トンのメタノールを原料に、60万トンのMTOを建設、30万トンのPEと30万トンのPPを製造する。ほかに、副産品として、LPG 46.6千トン、C4留分 83千トン、C5留分 30.5千トン を製造する。
寧夏では石炭からのメタノール生産計画が続出し、過剰生産の状況にあるため、同社では原料メタノールは今回は自製せず、購入する。
PEは農業用フィルム原料として販売する。(現在、寧夏自治区では農業用フィルムを他省から購入している)
神華寧煤は現在、25万トンのメタノール、21万トンのDMEを持っているが、同化学基地で167万トンのメタノールと52万トンのLurgi
法MTP(methanol-to-propyrene)、52万トンのPPを建設中。
また、同化学基地で石炭ベースの年産6万トンのポリアセタールを建設中で、これらはいずれも本年スタートの予定。
神華寧煤は中国最大の石炭メーカーの神華グループが51%、寧夏自治区政府が49%出資する合弁会社。
同社は南アのSasolとのJVで東寧夏エネルギー・化学基地に大規模CTL
(Coal-to-liquid)を計画しており、既に国家発展改革委員会(NDRC)に申請している。
Sasolによると、本年中にNDRCの承認を得る予定で、2016年に商業生産開始を計画している。
Formosa Plastics Group: No Talks With Sinopec On China Investment
Taiwan's Formosa Plastics Group is not in talks with China Petroleum Corp., the state-owned oil company also known as Sinopec Group, on any joint investments in China, group executive board member C.T. Lee said Monday.
"There's nothing concrete so far and we're not in talks with Sinopec," Lee told Dow Jones Newswires.
Lee's comments came after the local Economic Daily News, citing unnamed sources, reported that Formosa Plastics plans to team up with Sinopec's 71%-owned Sinopec Zhenhai Refining & Chemical Co. in a 50:50 investment in an ethylene cracker in the Chinese city of Ningbo. Sinopec Group is the parent of the Hong Kong- and Shanghai-listed China Petroleum & Chemical Corp., Asia's largest refiner by capacity.
Formosa Plastics Group operates an integrated refining and petrochemical complex in Mailiao in western Taiwan. The group also has downstream petrochemical operations in Ningbo and in the U.S., and fiber and textile operations in Vietnam.
Lee and other group executives have said the group is interested in investing in naphtha cracking operations in China to supplement its downstream petrochemical plants there, but will insist on majority control. Taiwan's government also currently prohibits Taiwanese companies from investing in naphtha cracking operations in China.
On Monday, Lee said the group will wait for an opportunity to further expand investment in China. "The market is there, so you have to go."
He also said that the group has signed a letter of intent with Brazilian miner Vale S.A. and Anglo-Australian diversified miners BHP Billiton Ltd. and Rio Tinto PLC for the supply of about 12 million metric tons of iron ore annually to the group's planned steel mill in Vietnam.
Since the group is still awaiting the transfer of land by the Vietnam government, construction hasn't started yet, and a commercial agreement for iron ore supply hasn't been signed yet. "We expect supply to start in three years from now, and we will diversify among the suppliers," Lee said.
2010/3/24 britishplastics.co.uk
British company gets EU
exclusivity for PHA supply from world's biggest producer
Chinese biopolymer producer Ecomann of Shenzhen has appointed a
British company as its sole European distributor of PHA
(polyhydroxyalkanoate). A&O FilmPAC of Olney in
Buckinghamshire set up its www.bioresins.eu division in 2008
specifically to supply Chinese-produced biopolymers, initially
PLA and then PHA.
Ecomann has been working with A&O FilmPAC since the British
company set up its biopolymers division. It has developed its
materials in cooperation with local universities in Shenzhen and
is currently producing 5,000 tonnes of PHA a year. The company
has now built a new factory on a 100 hectare site in the Shandong
province of China, which will increase its capacity to 50,000 tonnes from 2012 and says this
will make it the world's biggest PHA producer.
This tenfold increase in production capacity is expected to
reduce the price of PHA, which is still relatively expensive
compared to the conventional plastics it is intended to replace.
PHA is a biodegradable or compostable polyester which A&O
FilmPAC says blends well with other plastics, fillers and
additives. Products made from it can range from soft and rubbery
to very hard. A number of PHA grades are currently available from
A&O FilmPAC for a variety of applications.
(生分解性ポリエステル) ポリヒドロキシアルカン酸
ポリ乳酸（polylactic acid, polylactide, PLA）
---
Shenzhen Ecomann
Biotechnology Co., Ltd. is a professional high-tech enterprise
engaged in research and development, production and sales of
full-biodegradable materials and related applications. Ecomann
has completely independent intellectual property rights, and its
products are mainly exported to Europe, United States and Japan.
Shandong Ecomann Biotechnology Co., Ltd, the wholly-owned
subsidiary of Shenzhen Ecomann, is located in Zou-Cheng City,
Shandong Province. Shandong Ecomann holds an annual output of
100, 000 tons and is the industrialized production base for
biodegradable materials.
With world-leading Industrial genetic engineering (IGE)
technologies, Shandong Ecomann produces bio-polymer materials via
fermentation. This product is a completely new kind of
biodegradable thermoplastics, with a character of bio-compatible,
biodegradable, piezoelectric, and good performance of utility and
processing. It holds the basic properties similar to polyolefine,
and can be molded in process of drawing, molding, thermal
plastics processing, etc. by traditional machines and can be used
as substitute of vast majority of petroleum-based plastic
products. Furthermore, its degradation rate varies to meet
different application needs, by way of the co-component control.
After the final degradation, its final product comes into carbon
biological cycle and thus constitutes a complete cycle of the
green economy. The success of industrialization and application
of the enterprise's scientific research will provide a guarantee
with the world's leading technology for solving oil resources
dependency, extending industrial chain of the agriculture,
reducing the white pollution and promoting sustainable economy.
March 25, 2010 Bloomberg 要チェック
IPICとの契約は？
脱水素とPPのみか？ エタンとPEは？
投資額が高すぎる。
Sinopec to Build Gas Chemicals Plant in Kazakhstan
China Petroleum &
Chemical Corp., the Hong Kong-listed company known as Sinopec,
won a contract to build a $1.7 billion polypropylene plant in
western Kazakhstan.
Sinopec agreed to buy and export all the polypropylene produced
at the facility, Kazakh Deputy Oil and Gas Minister Aset Magauov
told reporters today in Almaty. The Export-Import Bank of China
will provide a $1.26 billion loan for the project, he said.
TOO Kazakhstan Petrochemical Industries, 51 percent held by the
London-traded unit of state-owned KazMunaiGaz National Co., will
invest $300 million of its own money, and Kazakhstan will provide
a “budget credit”
of $140 million,
Magauov said.
The polypropylene plant will form part of a gas chemicals
complex, which will be able to produce 450,000 metric tons of
polypropylene and 800,000 tons of polyethylene a year once
completed in 2014, according to KazMunaiGaz. LyondellBasell
Industries AF SCA, which Kazakhstan had sought as a partner for
the project, filed for bankruptcy last April.
第一期として、Tenghiz ガス田のドライガスからKulsary 近郊でエタン抽出を行い、Atyrau でエタンクラッカーとプロパン脱水素設備、PE、PPプ ラントを建設し、第二期ではKashagan ガス 田のドライガスを利用してコンプレックスを拡大するとい うもの。
第一期はエチレン120万 トン、プロピレン40万 トン、HDPE 40万 トン、LLDPE 40万 トン、PP 40万 トンを考えており、12億 ドルの投資を想定、最終的にはPE 150万 トン、PP 45万 トンを計画している。
2008/1/21 カザフスタンの石油化学計画
David Harpole, a LyondellBasell spokesman in Houston, said March 19 that the company had informed the partners of its withdrawal from the venture.
ーーー
Mar 25, 2010 Reuters
Sinopec to build $1.3 bln Kazakh plastics plant
A unit of China's Sinopec will build a $1.26 billion polypropylene production plant in Kazakhstan, Kazakh Deputy Oil and Gas Minister Aset Magauov said on Thursday.
The facility will be part of a $6.3 billion gas processing complex that Kazakhstan plans to build in its western Atyrau region. The government has said South Korean banks and companies are also looking at investing in the project.
The central Asian state signed the contract with Sinopec Engineering last week, Magauov told reporters on Thursday.
"China's Eximbank acts as an investor (providing) loans," Magauov said. "Sinopec Engineering is a contractor."
He added that Sinopec would also export the plant's products.
Kazakhstan is central Asia's largest oil producer and has sizeable gas reserves but mostly exports crude oil and gas to be refined abroad. Domestic refining projects are part of the government's strategy to diversify the economy.
Last year Sinopec Engineering won another contract in Kazakhstan to build a new facility at the Atyrau oil refinery.
State-run Sinopec is Asia's largest refiner and a major producer of chemicals including ethylene, the basic building block for the production of many chemicals and plastics.
2010-3-30 CCR
Polyols Capacity Expanded in Hengfeng
China PUworld reported on March 16th that Shaoxing Hengfeng
Polyurethane Industry
Co., Ltd. increased two polyols units and two polyols blend units
in January 2010, making its total production capacity of polyols
expand from 60 000 t/a to 100 000 t/a and that of polyols blend
from 20 000 t/a to 50 000 t/a. The four new units have fully
operated from February. The company is a leading supplier of
foaming materials for refrigerator in China.
2010-03-30 China Daily
Rio employees receive 'tough' jail sentences
Canberra 'respects' China's legal system
Four employees of British-Australian mining giant Rio Tinto were
sentenced on Monday to jail terms ranging from seven to 14 years
for taking bribes and stealing commercial secrets - a verdict the
Australian government described as "very tough".
The Shanghai No 1 Intermediate People's Court sentenced Stern Hu,
an Australian national who headed Rio's iron ore operations in
China, to seven years in prison for taking bribes, and five years
for stealing commercial secrets. However, he will serve 10 years
in jail, the court said. Hu was also fined 1 million yuan
($146,000).
"On any measure this is a very tough sentence," said
Australia's Foreign Minister Stephen Smith. "It is a tough
sentence by Australian standards. As far as Chinese sentencing
practice is concerned, it is within the ambit or within the
range," he said.
But he added the Australian government respected China's legal
and judicial processes and that the sentencing would not affect
Australia's ties with China.
The other three defendants, all Chinese nationals - Liu Caikui,
Ge Minqiang and Wang Yong - were sentenced to seven, eight and 14
years behind bars respectively. It is believed Wang got the
longest jail term for receiving the highest amount of kickbacks
from a steel tycoon in Shandong province.
The four were convicted of receiving over 92 million yuan in
bribes.
The court said in the verdict that the defendants had also
obtained confidential information from Chinese steel mills that
had been used as a bargaining chip to drive up the price that
China pays for its iron ore imports from the world's three top
suppliers: Rio, BHP Billiton and Vale.
It said the four had "damaged the competitiveness" of,
and "caused severe losses" to, the Chinese steel
industry and hurt China's national interests.
The court on the same day also ruled on a second case - that of
Tan Yixin and Wang Hongjiu, executives at two major Chinese steel
mills, Shougang Corp and Laigang - for allegedly leaking
commercial secrets to Rio's employees. But details of the verdict
were not immediately announced.
The two were detained around the same time as Rio's employees
last year.
Lawyers representing Rio's four employees said they were yet to
meet with their clients to decide whether to lodge an appeal.
While acknowledging evidence that bribery acts did occur among
Rio's employees, Smith said there were "serious unanswered
questions" regarding the commercial secrets charges. That
part of the trial was held in closed court and no details have
been made public.
He said the issue was not only of concern to Stern Hu and the
other accused, but also more generally and widely to the
Australian and international business community. China had
"missed a substantial opportunity" to bring clarity to
the notion of commercial secrets, he said.
Shortly after the announcement of the verdicts, Rio Tinto posted
a statement on its website, quoting Sam Walsh, chief executive of
Rio Tinto Iron Ore, as saying that receiving bribes is "a
clear violation of Chinese law and Rio Tinto's code of
conduct" and that the company will "terminate
employment" of the four men.
Tom Albanese, Rio's chief executive, said: "I am determined
that the unacceptable conduct of these four employees will not
prevent Rio Tinto from continuing to build its important
relationship with China. This is a high priority for me
personally."
The Rio case, together with search engine Google's recent
announcement to pull out of the Chinese mainland, has been widely
seen by foreign media as a sign that foreign business sentiment
is souring against China, where legal boundaries are blamed as
vague.
Chen Fengying, a researcher at the China Institutes of
Contemporary International Relations, said China had dealt with
the case in accordance with Chinese law. She refuted the foreign
media's association of the case with the business environment in
the country. Instead, the case reflects the fact that "China
is getting increasingly international".
"It is unavoidable that bribery cases involving
multinational firms in China will increase as the country
integrates more closely with international business community,
which is true across the world. More bribery cases will be
exposed as China learns how to cope with them," she said.
Caustic Soda News
Haobang
Chemical to Start Caustic Soda Project
Shandong Haobang Chemical Co., Ltd., a subsidiary of Shandong Dadi Salt Chemical Group, got ready to construct a 300 000 t/a caustic soda project (first phase of 600 000 t/a project) in Shouguang 寿光、Shandong.
SYRP Commenced Production of Caustic Soda Unit
The new 100 000 t/a caustic soda production unit of Shanxi Synthetic Rubber Group Co., Ltd. (SYRP) started up in early March. This unit was matched to the 30 000 t/a chloroprene rubber project.
Taiyuan Chemical Started up Caustic Soda Facility
The chlor-alkali branch of Taiyuan Chemical Industry Co., Ltd. recently started commercial production of 60 000 t/a ionic membrane caustic soda making facility that uses technologies licensed from a Japanese...............
Jiangsu Anpon Electrochemical Started Installation for Caustic Soda Unit
The civil construction for the 120 000 t/a ionic membrane caustic soda unit of Jiangsu Anpon Electrochemical Co., Ltd. has been completed.
2010/4/13 Shanghai
HNCC to build 1 million t/a Coal-to-MEG Capacity
Recently, Anhua (Anyang Chemical安陽化学) Company - a subsidiary of Henan
Coal & Chemical Industry Group (HNCC河南煤業化工) held a groundbreaking ceremony
for its 200kt/a mono-ethylene glycol (MEG) project in Anyang,
Henan Province.
With total investment of RMB 1.35 billion, this MEG project, to
be fed with surplus syngas from Anhua as raw material, is based
on Tongliao GEM Chemical coal-to-MEG process.
This is the fifth coal-to-MEG project invested by HNCC following
the four previously announced. November 17-18th 2009, two such
project of 200kt/a capacity each jointly developed by HNCC and
Tongliao GEM Chemical Company started construction in Mengjin
County, Luoyang City and Yongcheng Town of Shangqiu City
respectively, both sites located in Henan Province. One week
later on November 26th, the same JV partners laid corner stone
for another MEG project of same capacity in Yongcheng Coal
Zhongxin Chemical’s methanol project site located in
Huojia County of Xinxiang City, Henan province. Thereafter in
early February 2010, Zhongyuan Dahua Chemical - another
subsidiary of HNCC also launched a 200kt/a MEG project in Puyang,
Henan.
中国科学院、石炭からMEG生産（Coal-to-MEG）に成功
中国科学院は5月7日、記者会見を行い、世界で初めて石炭からのモノエチレングリコール生産（Coal-to-MEG） に成功したと発表した。10,000トン/年のデモンストレーションプラントでの生産に成功、専門パネルの評価に通った。
この製法は中国科学院 福建物質構造研究所と江蘇省の丹化（Danhua） グループ及び上海のGEM Chemical Technology により開発された。石炭ベースのsysgas か らMEGを 生産する。
丹化グループ側で300ト ン/年 のパイロットプラントと、10,000ト ン/年 のデモンストレーションプラントを建設、後者は2007年12月 から1年 以上にわたり、順調に操業を続け、このたび、この製法が成功したと評価された。中国では余り不思議なことではないが、一方で新製法のテストをしながら、その結果を確認する前に、2007年8月に通遼 GEM Chemical が内蒙古の通 遼 （Tongliao） 経済開発地域で240百万ドルを投じて200千トン/年のCoal-to-MEGプラントの建設を開始した。
同社は中国科学院と丹化グループ及びGEM Chemical のJVで、当初は2008年 下期にスタートする予定であったが、現在も建設中で、2009年末にスタートの予定となっている。
原料として褐炭を使用するもので、5年 のうちに能力を120万 トン/年 に拡張する計画。
In 2009, HNCC invested
Danhua - SSE listed company and become the second largest
shareholder of Danhua. And in March 2010, Danhua and HNCC signed
an agreement for Coal-to-MEG investment, which mandated that all
new investments of the parties thereafter involved in coal-to-MEG
projects shall be done jointly. So Tongliao GEM has to join with
HNCC Coal-to-MEG projects.
http://www.knak.jp/china/china-19.htm#smto
China imported more than
5.8Mt of MEG in 2009, increasing by 12% over 2008. According to
the data from ASIACHEM Consulting, China MEG consumption is
expected to exceed 10.5Mt/a by the year 2012 when the shortage of
supply may reach up to 7.05Mt/a. After completion of all five
projects, HNCC will form 1Mt/a of totalized MEG capacity,
accounting for about 10% of total MEG consumption.
HNCC was set up in December 2008 by reorganization of 5 coal
business related companies, namely Yongmei (Yongcheng Coal永城煤電) Group, Hemei (Hebi Coal
鶴壁煤業)
Group, Jiaomei (Jiaozuo Coal 焦作煤業) Group, Zhongyuan Dahua中原大化, and Henan Provincial Town-Gas
Group河南省煤気集団. With the possession of 40Bt and
more coal reserve, HNCC realized RMB 103.5 billion of revenue and
56.98Mt of coal output. The group takes an active part in coal
chemical development and, in addition to the mentioned MEG
projects, cooperates with SINOPEC in a 1.8Mt/a methanol to
600kt/a olefins project.
Anhua Company is the former Anyang Chemical Fertilizer Plant, it has existing 240 kt/a ammonia, 420 kt/a urea and 200 kt/a compound fertilizer capacity.
2010-04-13
Sinopec to pay
$4.65b in oil sands deal
China's state-owned Sinopec plans to buy ConocoPhillips' stake in
the huge Syncrude project in Canada's oil sands for $4.65
billion, marking one of the country's largest investments ever in
North America.
ConocoPhillips, the US-based oil major, said on Monday it will
sell its 9.03 percent interest in the Syncrude Canada Ltd project
to China's top refiner in a deal set to close in the third
quarter.
Canadian Oil Sands 36.74 Imperial Oil Resources 25.00 Petro-Canada Oil and Gas 12.00 Conoco-Phillips Ois Sand 9.03 Nexen Oil Sands Partnership 7.23 Murphy Oil 5.00 Mocal Energy
(新日本石油開発 100%)5.00 合計 100
The acquisition is not
the first investment by a Chinese company in Canada's oil sands
but it is the largest.
It underlines a resurgence in interest in the vast but
difficult-to-extract energy resource located in the province of
Alberta. Investment in the oil sands has jumped since crude
prices shot past $80 a barrel with the global economic recovery
gaining traction.
The price "is more than the market was expecting -- they
were expecting about $4 billion," said Phil Skolnick, an
analyst with Genuity Capital Markets.
China has spent billions of dollars acquiring energy and mining
assets around the world to help feed its fast-growing economy.
The deal differs from other Chinese oil sands acquisitions, which
involved early-stage projects, FirstEnergy Capital Corp analyst
Mike Dunn said. Syncrude, the largest project in the oil sands,
has operated since 1978, and can now pump out 350,000 barrels a
day, roughly 13 percent of Canada's overall oil output.
For ConocoPhillips, the deal is part of a two-year, $10 billion
disposition program. When it first said it was putting the stake
on the block last October, analysts pegged the value at $3.6
billion to $4 billion.
"This deal goes a long way in helping them reach their $10
billion asset-sale goal. It's probably a bigger chunk than they
had anticipated," said Allen Good, analyst with Morningstar.
The oil sands make up the largest crude deposit outside the
Middle East, a resource attracting a Who's Who of the global oil
industry willing to pay extra in development costs in exchange
for a secure supply in a politically stable country.
Sinopec already has an oil sands stake. Last April, it bought an
additional 10 percent interest in Total's planned Northern Lights
project for an undisclosed sum. Also in 2009, PetroChina acquired
a majority stake in leases held by Athabasca Oil Sands Corp for
$1.9 billion.
Sinopec's latest deal requires approvals from governments in
Canada and China. Canada recently subjected deals involving
foreign state-owned enterprises to more regulatory scrutiny, but
has not rejected any oil sands transactions.
Asked about the deal during an event in Calgary, Canadian Finance
Minister Jim Flaherty simply noted that large investments must
meet tests on whether they are in the national interest.
"There are a couple of standards that have to be met and I'm
sure the process will be followed," he told reporters.
Analysts said they do not see regulators blocking the deal,
especially with Sinopec buying a minority stake in Syncrude.
"We've already seen a number of oil sands transactions that
have been applauded by both the Alberta and federal governments,
and there's basically a green light given to foreign
entities," Skolnick said.
Syncrude's largest owner, Canadian Oil Sands Trust, was seen as a
prospective buyer of ConocoPhillips' Syncrude stake. Officials at
the trust, which has a 37 percent interest, were not immediately
available for comment.
Its trust units jumped 5 percent to C$32.22 on the Toronto Stock
Exchange. The value of the deal showed the trust is likely worth
more than the market had been affording it, although not the
price Sinopec was paying, Skolnick said.
Syncrude's other owners are Imperial Oil Ltd, Suncor Energy Inc,
Nexen Inc, Murphy Oil Corp and Nippon Oil Corp unit Mocal Energy.
The Coal-to-MEG
Conference 2010 will be held in Shanghai, China
In 2009, China imported MEG (Mono Ethylene Glycol) 5.8 million
ton, up 12% comparing 2008. From 2000 to 2008, China MEG
consumption annual growth rate is 18.4%, at the same time the
domestic MEG supply growth rate is 12.3%, the domestic shortage
of MEG supply has attracted the investment of coal to MEG. As one
of five industrial demonstrations of modern coal chemical
industry, the coal to MEG is listed the China State Petrochemical
Stimulus Package in 2009.
The global first Coal-to-MEG industrial demonstration project -
Tongliao GEM Chemical has started up 200,000 t/a project and
produced on-spec MEG product by the end of 2009. It is expected
to further debug and start commercial operation in 2010. In
addition, other research institutions including Shanghai Coke,
Hubei Institute of Chemicals, Tianjin University and other
organizers have also started the R&D and even pilot of Coal
to MEG. Many investors like Henan Coal Chemical Industry Group,
Shanghai Huayi Group, Hebei Kailuan Group, Shaanxi Coal Chemical
Industry Group, Henan Hebi Baoma and Shandong Hualu Hengsheng
have planned Coal to MEG projects.
In May 27-28, 2010, t he 1st Coal-to-MEG Conference will be held
by ASIACHEM in Shanghai, China. The upcoming event will focus on
PET & MEG Industry Outlook; competitiveness of Mid East &
China based MEG; Coal-to-MEG Research & Development Review;
and Coal-to-MEG Industrial Demonstration as well as Coal-to-MEG
Key Process & Innovation etc.
2010年5月27-28日
上海のGrand
Metropark Jiayou Hotel
連絡先 ASIACHEM （lex@chemweekly.com 電話:8621-51386466）
詳細はhttp://www.chinacoalchem.com/events/2010MEG/MEGChina2010.pdf
Sinopec ZRCC starts up
ethylene cracker project
On Apr. 20, 2010, Zhenhai Refining & Chemical Company (ZRCC),
a subsidiary of Sinopec, has started up the 1 Mt/a ethylene
cracker project and produced on-spec product in Zhenhai, Ningbo ,
Zhejiang Province.
With total investment of RMB 2.2 billion, the project was started
construction in Nov. 2006. In Feb. 2010, the PP and
MTBE/butene-1 units were started up and produced on-spec products. In
Mar. 2010, the PE unit was started up and produced on-spec
product.
Naphtha feedstock will be self supplied. According to the
official website of ZRCC, the company oil processing capacity has
reached 23 Mt/a. The derivatives units and technology providers
announced by ZRCC officially as follows:
| EO/MEG | 650 000 t/a | Dow Technology |
| LLDPE | 450 000 t/a | Univation Technology |
| PP | 300 000 t/a | Sinopec Technology |
| BTX | 600 000 t/a | Sinopec Technology |
| Butadiene | 160 000 t/a | Sinopec Technology |
| Gasoline Hydrogenation | 700 000 t/a | Sinopec Technology |
| MTBE /Butene-1 |
110 000 t/a | Sinopec Technology |
| 40 000 t/a | ||
| Ethyl Benzene | 650 000 t/a | Sinopec Technology |
| SM /PO |
620 000 t/a | (JV)Lyondell Technology |
| 285 000 t/a | ||
| PG | 100 000 t/a | (JV)Lyondell Technology |
雲天化集団、重慶でPOM増設、年産6万トンに
雲天化集団(Yuntianhua )は4月19日、重慶の重慶ケミカルパークでPOM（ポリアセタール）の第三系列2万トンの生産を開始した。
同社は重慶でPOM 6万トン計画を2段階で実施した。
先ず、第一系列（Aライン）2万トンを2007年4月に建設を開始し、2008年9月に完成した。
第二段階は2系列（B,Cライン）計4万トンで、2009年11月にCラインがスタート、今回Bライン2万トンがスタートしたもの。
これで同社の重慶のPOM能力は6万トンとなった。
同社は雲南省昭通市で32千トンを生産しており、合計能力は92千トンで、中国最大のPOMメーカーとなった。
中国は2008年にPOMを178.8千トン輸入（42.9千トンを輸出）、2009年には165.9千トンを輸入（31.2千トンを輸出）している。
中国の主なPOMメーカーは以下の通り（2010年5月現在）
| 雲天化集団 | 重慶市、雲南省昭通市 | 92千トン | |
| 宝泰菱工程塑料(南通)有限公司（PTM） | 江蘇省南通市 | 60千トン | ポリプラスチックス(70.1%)、三菱ガス化学、 韓国Engineering Plastics、Ticona |
| 上海藍星新材料(Blue Star Group) | 上海市浦東区 | 40千トン | 3段階 合計200千トン計画の第一段階 |
| 天津ソーダプラント | 天津市 | 40千トン | |
| 杜邦ー旭化成ポリアセタール(張家港) | 江蘇省張家港市 | 20千トン | 旭化成ケミカルズとDuPont の50/50JV |
他に、以下の計画が進行中で、本年下期から来年上期に完成の予定。
| CNOOC Tianye Chemical | 内蒙古 | 60千トン | CNOOCが尿素、メタノールメーカーの Tianye Chemicalを買収 |
| Yongmei Group | 河南省開封市 | 40千トン | 当初計画は 20千トン |
| Shenghua Ningxia Coal Industry | 寧夏回族自治区銀川市 | 60千トン |
Hengtong Inaugurated
Production of Hydrogen Peroxide
Shandong
Hengtong Chemical Co., Ltd. was officially announced merged
into Shandong
Yangquan Coal Industry (Group) Co., Ltd. on March 26th with a ceremony
that together announced the startup of 200 000 t/a
hydrogen peroxide
plant and the construction of 400 000 t/a ionic
membrane caustic soda
plant in Tancheng of Shandong province.
Shandong Hengtong Chemical Industry Limited Company is a national large chemical enterprise which is formed with coal chemical industry, hydrochloric chemical industry and heat and power remuneration. It is the biggest fertilizer and chemical production found among southern Shandong province and northern Jiangsu province.
2010-5-13 CCR
Sinopec Zhongyuan Petrochemical Launches MTO Project
Sinopec Zhongyuan
Petrochemical Corp. Ltd. (ZPC 中原石化）
held a
groundbreaking ceremony on April 16th to start construction of 600 000 t/a
methanol-to-olefin
project in its Puyang site, Henan province, remarking that
Chinese enterprise has made important progress in developing coal
based olefin technology. A new 600 000 t/a methanol-to-olefin
unit and a new 100 000 t/a polypropylene unit will be constructed....
2010-5-13 CCR
Shaanxi Launches DMC Project
Construction on the
first phase 50 000 t/a dimethyl carbonate (DMC) project was started on
April 10th in Jinjitan town, Yulin of Shaanxi province. The
project using methanol and carbon dioxide as raw materials is
hosted by Yunlin Yunhua Green Energy Company
Ltd, is the
first phase of the planned 200 000 t/a DMC project. It is designed to consume 140 000
tons of carbon dioxide per year, saving 89 thousand tons of coal
and reducing carbon dioxide emission by 369 thousand tons.
2010-5-13 CCR
Evonik Starts up New Plant in China
Evonik
Industries has
started up a production plant for active
pharmaceutical ingredients in Nanning 南寧
of Guangxi region 広西チワン族自治区, southern China with an official
opening ceremony on April 15th. The plant reportedly has been set
up in collaboration with a European pharmaceutical company for
which Evonik will produce various active ingredients under a
multi-year supply contract and in compliance with cGMP (current
Good Manufacturing Practices).
2010-5-13 CCR
Gaoqiao Expands Phenol Capacity
Sinopec Shanghai Gaoqiao Petrochemical Company reported on April
21st that it has expanded its 2# phenol unit to 100 000 t/a
from 60 000 t/a
through technical renovations that also reduces the consumption
of cumene from 1.451 tons to 1.339 tons per ton of phenol and the
consumption of energy from 6.5 million cal to 4.08 million cal.
The discharge volume of waste water also decreased.
After expansion, the company's
total capacity to make phenol reaches 360 000 t/a.
Sinopec-KPCの石油精製・石油化学計画、NDRCが仮承認
中国の国家発展改革委員会(NDRC)は5月14日、シノペックとクウェート石油(KPC)のJVによる広東省湛江市東海島での石油精製・石油化学計画を仮承認した。
この計画は当初、広州市南沙経済開発区での実施として、2006年に7月にNDRCから承認を得たが、これに関して環境面から反対が相次いだため移転を検討し、昨年8月にシノペックは移転先を湛江市東海島に決めたと発表した。
投資額は600億人民元に達する見込みで、年産1500万トンの製油所と、100万トンのエチレン及びPE、PP、BTX、MEGなどの誘導品からなっている。誘導品の品目、能力など詳細は明らかにされていない。
KPCは原油を供給する。
スタートアップは2013年を予定している。
シノペックとKPCはそれぞれ50%を出資する。KPCはこのうちのいくらかをパートナーに売却する計画で、候補にはダウやBPが挙がっている。当初シェルがKPCと交渉したが、シェルは参加しないことを決めている。
計画は環境部の環境アセスメント待ちで、これを得て、NDRCの最終承認を受ける。
なお、2009年における中国の石油精製能力は以下の通りとなっている。
シノペック 223.5百万トン
ペトロチャイナ 142.5百万トン
その他 111.0百万トン
合計 477.0百万トン
Taiwan's Loyal starts
construction for EPS project in Xinjiang
On May 14, 2010, Taiwan based Loyal Group 見龍化学工業started construction for its
Expandable Polystyrene (EPS) project in Kelamayi(克拉馬依), Xinjiang新疆ウイグル自治区.
With total investment of RMB 200 million, the project will have
total EPS capacity of 160 kt/a by 2 stages construction. The EPS
project will be conducted and operated by Xinjiang Longqiao (新疆龍橋) Engineering Plastics Company - a
wholly subsidiary of Loyal Group.
This time is the first stage of Longqiao EPS project; it will
build an 80 kt/a EPS unit and start up in Apr. 2011. Feedstock of
styrene will be secured from PetroChina Dushanzi Petrochemical,
and the EPS product will supply to northwest China and the
Mid-Asia market.
In early Mar. 2010, Blue Ridge Tunhe Chemical Company (藍山屯河化学)has started up its EPS project in
Kuitun-Dushanzi (奎屯-独山子) Petrochemical Park, Xinjiang.
The SM feedstock of Blue Bridge Tunhe is also sourced from
PetroChina Dushanzi Petrochemical by pipeline, while the EPS
product will mainly supply Xinjiang and northwest China areas.
2010/3/29 米投資会社の買収企業、EPSの 生産開始
Loyal is the so
called world largest EPS producer. According to the company, it’s EPS capacity in 2009 and 2010 as
following table shows:
| Location | In 2009 | In 2010 |
| Ningbo, Zhejiang 浙江省寧波市 | 180KT | 180KT |
| Jiangyin, Jiangsu 江蘇省江陰市 | 300KT | 400KT |
| Dongguan, Guangdong 広東省東莞市 | 360KT | 440KT |
| Tianjin 天津市 | 220KT | 320KT |
| Kaohsiung, Taiwan 高雄 | 40KT | 140KT |
| Total | 1100KT | 1480KT |
見龍化学工業
Liao Yo-Chang
1973 Logyal Group 設立
1976 高雄工場 EPS製造開始
1989 訪中 進出決意
1990 NingboでEPS生産
1995 Jiang Yin-He-Qiao Chem 設立
1996 Ningbo Xin-Qiao Chem 設立
1998 Jiang Yin Long-chi Packing
Material 設立、包材事業
2000 Jiang Ying
Xin-Long-Men Plastics 設立
2001 Qindao Xin-Long-Wang Packing 設立
2002 Dong Guan Xin-Chan-Qiao Plastics
2003 Beijing San-Xin Plastics Recycling
再生工場
2004 Tianjin Xin-Long-Qiao Engineering
Plastics 設立
2005 Ningbo Chan-Qiao Engineering
Plastics 設立
2007 Loyal Chemical
Industrial (Poland)
Xin-Long-Guang Plastics 2nd Taiwan
plant
2010-5-25 CCR
Shanxi-Nairit Inaugurates Production of Chloroprene Rubber
Factory in Shanxi
On May 3rd,
Shanxi-Nairit Synthetic Rubber Co Ltd, a joint venture between Armenian Nairit
CJSC (40%) and
Shanxi Synthetic Rubber Group Co Ltd (60%), a subsidiary of
ChemChina, held an in inauguration ceremony for production of 30
000 t/a chloroprene rubber unit in Yanggao county of Shanxi
province.
2010-05-25 China Daily
Wuhan Steel gets green light for Africa ventures
China's third largest steelmaker Wuhan Iron and Steel Group on
Monday received approval from the National Development and Reform
Commission (NDRC) for two overseas acquisition deals in Africa
that are expected to contribute nearly 2 billion tons of iron ore
deposits.
The government cleared Wuhan Steel's plan to acquire the Soalala iron ore
deposit in Madagascar with two other companies and the
company's stake buy in a Liberian iron ore project.
The exploration license for the Soalala iron ore project was
granted to Hong Kong-based Wisco Guangxin on May 8, a joint venture company
42 percent owned by Wuhan Steel, 38 percent by the Guangdong
Foreign Trade Group Co and 20 percent by Kam Hing International
Holdings, according to a statement released by Hong Kong-based
Kam Hing International Holdings.
The project involves an area of more than 430 square kilometers
and contains more than 800 million tons of reserves available for
exploitation.
Wuhan Steel also signed an agreement on March 12 to pay
China-Africa Development Fund $68.46 million for a 60 percent stake
in China Union Investment Co, which owns an iron ore deposit
located in central Liberia.
The project is the largest overseas investment in Liberia, with a
deposit of 1.31 billion tons of iron ore reserves and is
connected to ports via an 80-kilometer railway.
Wuhan Steel has been seeking to invest in more overseas iron ore
assets to cut reliance on expensive imports.
"We aim to be self-sufficient in iron ore supplies in three
to five years," Deng Qilin, chairman of Wuhan Steel, said in
March.
Wuhan Steel acquired a 21.52 percent stake in Brazilian
iron ore miner MMX Mineracao e Metalicos SA for $400 million last year.
The company also received approval from the Australian government
for a A$271 million ($249 million) investment in Centrex Metals Ltd
in November,
and also for a 60-percent stake in the iron ore rights of five
Centrex projects in South Australia that could contain up to 2
billion tons of resources.
"Africa has huge iron ore resources. But iron ore
transportation requires advanced infrastructure development due
to the large quantities involved," said Yu Liangui, a senior
steel analyst with Mysteel.com.
"It will require huge investment to build railways and ports
in Africa, which might be the reason why Africa is not the first
choice for Chinese enterprises."
"However, with the ore prices surging, China needs to
diversify its iron ore supplies to break the monopoly of the
three global miners - Rio Tinto, BHP Billiton and Vale," he
said.
Rio Tinto has increased ore prices by $10 per ton in the second
quarter compared with the first quarter. Accordingly its 63.5
percent grade iron ore powder now costs $123 per ton (Free On
Board), while iron ore lumps are at $138 per ton.
The price increase in the second quarter is expected to push
costs for Chinese steelmakers by an additional 40 billion yuan
based on the import volume in April.