トップページ

      

2005/4/1 Asia Chemical Weekly

Zhejiang Hualian Sunshine starts up PTA plant  浙江省紹興市 浙江華聯サンシャイン石化

Following to the Yisheng's PTA plant in Ningbo, Zhejiang Hualian Sunshine Petrochemical has started up its 600,000 tonne/year PTA plant in Shaoxing, Zhejiang Province.

The facility was planned firstly to come onstream in the fourth quarter of 2004, but it was delayed to the first quarter of 2005 for some reasons, industrial sources think it was due to tight feedstock supply and mechanical glitches.

The plant is based on Eastman Chemica's EPTA (Eastman proprietary terephthalic acid) technology. At the present, the operating rate has not reached 100% yet, and it's not revealed when on-spec production would be achieved.

Before Hualian Sunshine,
Yisheng Petrochemical's 600,000 tonne/year plant in Ningbo started up about ten days earlier.

According to the planning of the company, Hualian Sunshine plans to build two more lines at its site, lifting its total capacity of PTA to more than 2m tonne/year by 2006-2007.

For more information, please see the homepage:
 http://www.sunshine-pec.com


Zhejiang Yisheng Chemical  浙江省寧波市 浙江逸盛化学

 


Zhejiang Hualian Sunshine Petro-chemical Co., Ltd. is a robust large-scale petroleum enterprise founded in 2003 with a registered capital of 500 million RMB. As a JV of Shenzhen Hualian Stock Co., Ltd., Zhejiang Zhanwang Industrial Group Co., Ltd.浙江展望産業集団 and Zhejiang Jiabaili Textile Products Co., Ltd.加佰利紡績, it boasts an advantageous location at Binghai Industrial Park in Shaoxing County. Qiantang River is close in north, Huhangyong Highway is close in south, Caoe River is close in east, and Hangzhou is close in west. The largest Light Textile City in Asia is only 18km away from it. Hualian Sunshine's 450000(600,000) ton PTA project will be carried out in a 118.21hm2 area. Sanxin is dedicated to manufacturing, processing and selling PTA, polyester slices, chemical fibers and other raw materials. Its entire staff always persists in the enterprise spirit " respecting occupation, pulling together, working diligently, achieving high efficiency."

It invested 2.43 billion yuan in annual 450000(
600,000) ton PTA project after approved by State Department on September 18,2002. As the largest chemical material, chemical fiber and textile product base in China, Shanxing is also the largest consumption center of PTA. This project will effectively enhance the overall competitiveness in textile industry of Shaoxing.


China Chemical Reporter 2006/10/16   浙江省紹興市 浙江華聯サンシャイン石化

600 000 T/A PTA Unit Puts on Stream in Zhejiang

On October 7th, 2006, the second-phase 600 000 t/a PTA (purified terephthalic acid) project put into trial production in Zhejiang Hualian Sunshine Petrochemical Co., Ltd. in Shaoxing, Zhejiang province, which is originally planned to put into trial production at the end of 2006. After the completion of the second phase, the PTA capacity of the two phases will reach 1.2 million t/a. The company will plan to become the largest PTA production base in China by project construction and unit expansion.


2005/4/5 China Chemical Reporter

All-density Polyethylene Project Kicked off in Daqing

The 200 000 t/a all-density polyethylene project, which occupied an area of 20,128 m2 and employed the global leading patent technology from Uniwersen (*) of American, recently started construction in the Plastics Factory of CNPC Daqing Petrochemical Company, Ltd. Its process is featured with high catalyst activity, short cut, fewer facilities, lower requirement standards on raw materials, low energy consumption, high products quality. After its completion, the unit will be able to manufacture 5 varieties or 53 specifications of polyethylene products that can be used to make of high performance grinding materials, pipes, vessels, cables, packages of foodstuff.

* Univationが正しい。


2005/4/11 Asia Chemical Weekly        Release

Chinas Bluestar starts the construction for POM project             POM

Chinas Bluestar (藍星) Group has started construction for the 60 000 tonne/year POM project in Shanghai Xinhuo Development Zone (上海星火開發區) on March 25.

According the introduction of Bluestar, the company has been developing the research and production of POM since late 1990s, the project is based on its own technology.

The Bluestars project has a total investment of RMB910 million (USD 110 million). After the completion of the project, the company will become one of the biggest POM producers in China.

Besides the Bluestars POM project, PTM Engineering Plastics, a joint venture company, which comprises Polyplastics, MGC, Korea Engineering Plastics and Ticona, has completed its 60 000 tonne/year POM plant in Nantong, Jiangsu province in the end of 2004.

With the development of the domestic economy and the requirement of chemical new materials, the consumption of POM in China is making a rapid growth. During the 10 years from 1992 to 2001 the consumption of POM in the domestic market increased from 16 000 tonnes to more than 100 000 tonnes a year. It is expected that the consumption will be more than 180 000 tonnes in 2005.

Chinas net imports for POM are about 127 kt in 2002, 143 kt in 2003 and 174 kt in 2004.


2008-4-17 CCR

Shanghai Bluestar Starts up POM Project

On March 29th, 2008 the 40 000 t/a polyoxymethylene (POM) project of Shanghai Bluestar Chemical New Material Plant (Shanghai Bluestar) was completed and went on stream in Pudong New Area, Shanghai.
The project is the company's first-phase POM project, and the second-phase 60 000 t/a POM project with a total investment of more than RMB1.2 billion was launched in 2007.


China Bluestar

60 000 T/A POM Project Ground Breaking in Shanghai
http://www.china-bluestar.com/en/pop/pop.asp?infoid=322

The 60 000 t/a polyoxymethylene (POM) project of China Bluestar started construction in Shanghai Xinghuo Development Zone on March 25. The launching of the project is another important move in the vigorous development of the chemical new materials sector in the company and also a measure taken by Shanghai Solvent Plant in the support of the World Expo to be held in Shanghai and in the effort to do relocation and renovation, divide one plant into two plants, conduct product upgrading, readjust industrial structure and alleviate difficulty through reform.
       POM resin is one of the most comprehensive applied engineering plastics with methanol as a key raw material. It is a high-tech incentive fine chemical product. It has excellent both of mechanical and electric properties, as well as good abrasion resistance and chemical resistance, and is therefore a thermoplastic resin with unique comprehensive properties. POM is an ideal engineering plastic that can replace nonferrous metals such as copper, aluminum and zinc and their alloys. It is extensively used in electronic/electric, mechanical processing, automobile manufacturing and apparatus/instrument sectors. It has always held the fame of "metal in plastics".
        With the development of the domestic economy and the requirement on chemical new materials in new economic sectors, the consumption of POM in China is making a rapid growth. During the 10 years from 1992 to 2001 the consumption of POM in the domestic market increased from 16 000 tons to 100 000 tons a year. It is expected that the consumption will reach 170 000 tons in 2005. The development of the POM sector in China started as early as the 1950s. Due to restrictions from factors such as production scale and technology, however, the output of POM in China is less than 70 000 tons a year today, falling far short of the demand.
        China Bluestar has been developing the production and research of POM since late  1990s. With the 1 900 t/a production unit in its subordinate Shanghai Solvent Plant as the basis, an advanced copolymerized POM production process route with more extensive applications has finally been developed. The project has a total investment of RMB910 million. Partial equipment will be introduced from abroad and a 60 000 t/a copolymerized POM unit will be constructed. The project will enable the corporation to fully employ the advantage in scale of economics and sharpen the competitive edge of products. After the completion of the project, the sales revenue is expected to increase by RMB840 million and a net profit of over RMB100 million will be accomplished a year. The corporation will become the biggest POM producer in China. Besides, the project will also further strengthen the main force of the corporation in the chemical new materials sector.

2005/4/11 Foster Wheeler               内蒙古計画

Foster Wheeler/Huanqiu JV Awarded Coal-to-Liquids Study Contract in China
http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=fwhlf.ob&script=417&layout=-6&item_id=693845

Foster Wheeler Ltd. announced today that its UK subsidiary, Foster Wheeler Energy Limited, in a joint venture with China Huanqiu Contracting & Engineering Corp., has been awarded a feasibility study Stage I contract by Sasol Synfuels International (Proprietary) Limited (Sasol) and its Chinese partners, China Shenhua Coal Liquefaction Corporation Ltd. and Ningxia 寧夏Luneng Energy and High Chemistry Investment Group Co., Ltd. (jointly called "the Combined Chinese Working Team").

The contract is related to two
80,000 barrels per day coal-to-liquids (CTL) facilities to be located at Ningxia Autonomous Region and Shaanxi Province, respectively, both in the coal-rich western part of the People's Republic of China.


China Chemical Reporter 2005/9/12

CTO Became a Spotlight in China

On September 1st
China Coal Research Institute Beijing Branch disclosed the Coal Chemicals Research Center of Ningxia Coal Group, jointly established with Ningxia Coal Group was inaugurated formally in Beijing. Ningxia Coal Group said the RMB28.8 billion Ningxia coal indirect liquefaction project would use the indirect liquefaction technology licensed from Sasol of South Africa, with a annual capacity of 3.2 million tons of oil products. Presently the project is under the feasibility study, and planned to start construction in 2008 and scheduled for start-up by 2011.

Shenhua Group, a local forerunner of coal to oil (CTO), began to make preparations in 2000 for a CTO project with a capacity of 1 million t/a in Inner Mongolia, which started up for construction in 2004 after receiving the approval from the government in April 2002.

* Ningxia Coal Group, a state-owned large group in northwest China's Ningxia Hui Autonomous Region
*
下記の陝西省との共同のCombined Chinese Working Team とは別。

*石炭液化技術


Coal-to-liquids (CTL) project    2005/9/14
http://www.engineeringnews.co.za/eng/essentials/update/?show=67617

Name of the project and location
   Coal-to-liquids (CTL) project, China.
   
Project description
  The project involves the proposed building of two plants, each with capacities of 70 000-to-80 000 barrels of oil per day. The plants will be built in the Shaanxi province 陝西省 and the Ningxia autonomous region 寧夏回族自治区.
   
Value
  The project is estimated at between $3-billion and $4-billion per plant.
   
Duration
  The project is still in the proposal stage. A prefeasibility study is under way into the economic viability of the project.
   
Client
  Shenhua Coal Liquefication Corporation, the Ningxia Coal Group Company.
   
Latest developments
  The Shenhua Coal Liquefication Corporation and Ningxia Coal Group Company signed separate contracts with RoyalDutch/Shell Group and Sasol to study the building of the CTL plants.

In September 2004, Sasol and the
Combined Chinese Working Team (CCWT) signed a memorandum of understanding to evaluate the feasibility of the project. The CCWT represents two provinces in China with significant coal reserves as the locations for the proposed CTL plants and was established to investigate the possibility of applying Sasols technology to the two CTL projects.

In November 2004, Shell and the Chinese companies signed an agreement to complete the prefeasibilty study on the market, economics, technical solutions, regulations and possible sites for the project.

Foster Wheeler Energy, in a joint venture with China Huanqiu Contracting & Engineering Corp, has been awarded
a feasibility study Stage I contract by Sasol and the CCWT.

The Foster Wheeler/Huanqiu joint venture will evaluate the available technologies for the projects and complete feasibility study Stage I work to integrate these with the associated utilities and infrastructure systems in order to maximise the value of the project to its shareholders.

Huanqiu will provide gasification experience together with the essential local technical, commercial and legislative information to ensure the study
s conclusions are robust.

The study is scheduled for completion by the end of the year.

Asia Chemical Weekly 2005/4/18               当初分

China's CCFA revised the Investment Warning System in 2005

On May 2004, China Chemical Fibre Association (CCFA) launched
a color-marked Investment Warning System, as a guide for investors to make decisions for chemical fibre projects.

The system categorized projects into five groups ranging from those that are strongly encouraged to those which are extremely risky. Every group represent by different color as the following:

 Red : Extremely risky
 Orange : Highly risky
 Yellow : With some risks
 Green : Encouraged
 Double Green : Strongly encouraged

Recently, as the market environment has been changed, CCFA revised the Investment Warning System. In general, CCFA raise the minimum capacities for some projects, and added the acrylonitile (ACN) as a strongly encouraged product.

The red mark represents that the projects are extremely risky. These include the common -grade PET fibre projects with or less than capacities of
400 tonne/day (comparing to 300 tonne/day in 2004), and the PET-film for packing uses, and common-grade of spandex.

The orange mark represents that the projects are highly risky. These include PET fibre grade projects with capacities of
400-500 tonne/day (comparing to 300-400 tonne/day in 2004), PET-bottle grade chips, PFY chips, common grade of viscose fibre filament, nylon fibre yarn for industrial uses and PP-fibre filament yarn.

The yellow mark means that the projects with some risks. These include the PET-fibre grade units with capacities of
500-600 tonne/day (comparing to 400 tonne/day in 2004), certain PET-film grade units, PSF chips, viscose staple fibre, and certain grades of nylon filament yarn, and PP staple fibre, and common grade acrylic fibre, and polyvinyl alcohol (PVA).

The green mark represents that the projects are strongly encouraged. These include:
-Purified terephthalic acid (PTA) units with minimum capacities of 500 000 tonne/year;
-Polyethylene terephthalate (PET) units with capacities of at least
900 tonne/day (comparing to 600 tonne/day in 2004) integrated with facilities to produce polyester filament yarn (PFY), polyester staple fibre (PSF);
-Direct-spinning PSF units with capacities of at least
200 tonne/day (comparing to 150 tonne/day in 2004), and Nylon staple fibre units, and Units producing polypropylene (PP) fibre for industrial use, and some special fibre such as ultra-high molecular weight polyethylene fibre, optical fibre.

The double-green mark means that the projects are strongly encouraged. These projects include the raw materials for fibre production such as paraxylene (PX), monoethylene glycol (MEG),
acrylonitrile (it¨s new in 2005), and polyester differential yarn (PDY), new-style fibre, such as PTT, PEN, CO-PET (these products was grouped to Green Mark-Encouraged) and some special fibres such as carbon fibre, PLA fibre (polylactic acid) and PBO fibre (polyphenylenebenzobisoxazole).

According to the CCFA, the content of warning system will be adjusted with development of the market.


China Chemical Reporter 2005/4/18

Xianyang Signed An Agreement on 520 000 T/A Methanol Project
陝西省咸陽市

Recently Shaanxi 陝西省Investment Group Corp. and Xianyang City咸陽市 Government signed an agreement to jointly invest RMB1.552 billion in constructing a thermal generation plant and a 520 000 t/a methanol unit that will be manufactured from coal and natural gas by making using of local rich resource. The project will locate in the chemical industry zone of Xianyang, Shaanxi province, western China. The thermal generation plant will be construct to match with the methanol unit.

It is disclosed that the 520 000 t/a methanol project will totally invest RMB1.115 billion to construct a 200 000 t/a coal to methanol production line and a 200 000 t/a natural gas to methanol production line. The two lines will be combined into one line in their synthetic stage. The advanced combination technology will solve the surplus hydrogen problem in natural gas transformation line and the surplus carbon problem in coal transformation line, and increase the final production capacity to 520 000 t/a while remaining the consumption on raw materials unchanged, significantly saving energy and reducing cost with a good profit making effect.


Platts 2005/4/20

China may become net methanol exporter in several years: Tecnon

Methanol imports in China have slipped from 1.80-mil mt in 2002 to 1.40-mil mt in 2003 and to 1.36-mil mt in 2004. The trend is likely to continue as Chinese methanol producers are expanding their plants' capacities over the coming years. However, as Chinese traditional methanol producers use gas retrieved from coal-gas as feedstock, they need a minimum methanol price of around $140-150/mt to break even.


20050422Chemnet Tokyo

 陝西省楡林市で13日、メタノール年産60万トンプラントの起工式が行われた。豊富な石炭ガスを原料とした、230万トン・プロジェクトの第1期計画で、山東省に本拠を置く山東エン州炭坑社が投資、2007年の生産開始を目指す。

 楡林市では、すでに陝西楡林天然ガス社が天然ガスを原料とする40万トンのメタノールを生産している(石炭原料の20万トン増設計画あり)。また陝西省咸陽市では、既報の通り石炭と天然ガスを原料とする52万トン計画が調印されたばかりだ。

 このほか重慶では三菱ガス化学が85万トン、香港のKing Board Chemicalが75万トン計画を具体化させるなど、中国ではメタノール大型計画が林立している。

 中国のメタノールの輸入は2002年が180万トンであったが、2003年は140万トン、2004年には136万トンと減少している。これらの計画が完成する数年後には供給過剰となるのは必至と見られる。

 なお世界的にも本年央から年末にかけて、
メタネックス社のチリの84万トン設備、メタノール・ホールディング社のトリニダードの189万トン設備が完成、それに合わせて停止する設備もあるものの、需給はゆるむとみられている。


Asia Chemical Weekly 2005/4/23

China's GPRO group, Yangzi Petchem to form SBR jv company

China's GPRO Group is expected to set up a joint-venture company with Yangzi Petrochemical for their styrene butadiene rubber (SBR) project in Nanjing, Jiangsu province, at the end of May or in early June, a GPRO source said on Tuesday.

The source added that the project will be a 60:40 joint venture between Yangzi and GPRO, which is a domestic private company.

Both companies plan to build a 200,000 tonne/year facility in two phases. The source clarified that each phase will have a capacity of 100,000 tonne/year.

Yangzi said earlier that the first phase will produce 120,000 tonne/year of SBR, and the second phase 80,000 tonne/year.

The GPRO source said design work had started on the first phase and construction work would commence once the joint venture company was established.

He added that it was not possible to start up the first phase in March 2006 as earlier planned. The schedule was to start trial runs in September 2006 and start production in December 2006, according to the source.

The first phase will require 60,000 tonne/year of butadiene which will be provided by Yangzi.

Yangzi and GPRO have not decided on the startup date for the second phase. The companies said this would depend on market conditions.

GPRO group (江蘇・金浦グループ) 石油化学、不動産業など
http://www.gpro.com.cn/


Asia Chemical Weekly 2005/8/3            事前情報

YPC and GPRO formed jv for the SBR project

Yangzi Petrochemical Corp (YPC) has formed a 60:40 jv with Jiangsu GPRO Group (
金浦集團) for their SBR project in Nanjing, Jiangsu province. The jv named as YPC-GPRO rubber (揚子石化金浦橡膠) Co., Ltd.

YPC is a subsidiary of Sinopec; while GPRO is a private company in Jiangsu province.

The SBR project, which with the total investment of USD 78 million (RMB 633 million), will be located in Nanjing Chemical Indusrty Park (NCIP). In long run, the capacity of the SBR project would be 200 kt/a. But the project would be built by two phases; and each phase will have a capacity of 100 kt/a.

The first phase of the project ? 100 kt/a SBR facility ? is expected to start construction on October this year, and to be commissioned in the Q1 2007. Both YPC and GPRO have not confirmed the startup date for the second phase, it would depend on market conditions.

The first phase project will require 60 kt/a of butadiene, it will be sourced from YPC.


Asia Chemical Weekly 2006/4/10

YPC-GPRO starts construction for SBR project in Nanjing

YPC-GPRO Rubber Co. has started construction for SBR project in Nanjing Chemical Industry Park (NCIP), Nanjing, Jiangsu Province.

The SBR project has the SBR capacity of 100 000 tonne/yr and investment is about USD 79 million (RMB 633 million). In the future, depend on market conditions, YPC-GPRO maybe build another 100 000 tonne/yr SBR project in the same site, make the total SBR capacity reach 200 000 tonne/yr.

YPC-GPRO was set up in July 2005, which is a 60:40 jv between Sinopec Yangzi Petrochemical Corp (YPC) and GPRO Group.

The project is expected to start up by the end of 2006 and begin commercial production in H1 of 2007. YPC will provide the feedstock and the utilities for the jv. And the SBR products will supply to tyres producers around Nanjing.


China Chemical Reporter 2007/3/22

SBR Project Conducts Intermediate Handing-Over

On March 9th, 2007 the 100 000 t/a styrene butadiene rubber (SBR) project was conducted intermediate handing-over in YPC GPRO Rubber Co., Ltd.
揚子石化金浦橡膠 located in Nanjing Chemical Industry Park, Jiangsu province, suggesting that a large rubber production base is completed in Nanjing. After the completion of the unit, the products varieties will be increased in the Sinopec Yangzi Petrochemical Co., Ltd.(YPC) during the Eleventh Five-year Program (2006-2010). The development of automotive industry and other related industries will be promoted in Nanjing and neighboring regions.
YPC GPRO Rubber Co., Ltd. was built jointly by YPC and private-owned Jiangsu GPRO Group based on 6:4 equity rate. Both parties of the JV signed memorandum of understanding in May 12th, 2004. The feasibility research report of the project was approved by Sinopec Group in March 24th, 2005. Both parties signed JV contract in July 26th, 2005.

江蘇金浦集團(Jiangsu GPRO Group)は江蘇省南京市に本拠を置く化学会社で、従業員3,000人。プロピレンオキサイド、ポリエーテル、PP、ガソリン添加剤、潤滑油、酸化チタン等々を生産している。
20067月に韓国の錦湖石化と江蘇金浦集團 が50/50合弁会社「南京GPRO錦湖石化」の設立の覚書を締結し、9月に契約を締結した。
 
2006/11/28 「韓国の錦湖石油化学、南京でPO生産 」 


2007/3/28 Asia Chemical Weekly           中国のSBRまとめ

YPC-GPRO finished construction for SBR project in Nanjing

YPC-GPRO Rubber Co. has finished the construction for its SBR project in Nanjing Chemical Industry Park (NCIP), Nanjing, Jiangsu Province.

The project has SBR capacity of 100 000 tonne/year and investment is about USD 82 million (RMB 633 million).

Currently, it is preparing for production. Originally, the project is scheduled to start up by the end of 2006 and begin commercial production in early 2007. The delay of this project is caused by problems in design work.

YPC-GPRO was founded up in July 2005, which is a 60:40 jv between Sinopec Yangzi Petrochemical Corp (YPC) and GPRO Group. The company has intention to build another 100 000 tonne/yr SBR project in the same site, and expand total SBR capacity to 200 000 tonne/year.

The SM and butadiene feedstock sourced from YPC, and the utilities for the jv, and the SBR products will supply to tyres producers nearby Nanjing or Yangtze Delta area.

YPC has existing 100 000 tonne/year butadiene capacity and has start to expand to 200 000 tonne/year by building of a new 100 000 tonne/year facility. YPC-BASF has existing 120 000 tonne/year SM capacity and plans to expand to 300 000 tonne/year bu building of a new 180 000 tonne/year facility in the future.


2007/6/12 China Chemical Reporter

YGC Starts up SBR Project in NCIP

On May 28th, 2007 the 100 000 t/a emulsion polymerized styrene butadiene rubber (SBR) unit conducted wet commissioning and manufactured qualified products in YPC-GPRO (Nanjing) Rubber Co., Ltd. (YGC) located in Nanjing Chemical Industry Park (NCIP), Jiangsu province.  With a total investment of over RMB600 million, YGC was built jointly by YPC and Jiangsu GPRO Group based on 6:4 equity rate. The 100 000 t/a emulsion polymerized SBR project is composed of three parts - process production unit, public facilities and some related facilities. Shandong Qilu Petrochemical Engineering Co., Ltd. undertakes the design work of the project.


2005/4/27

内蒙古で年産100万トンのDME計画スタート

4月24日、中国内蒙古のオルドス(Erdos:鄂尓多斯)で年産100万トンのDME(ジメチルエーテル)計画がスタートした。ロックフェラーと山東省の 久泰化工(Jiutai Chemical)のJVの久泰能源(内蒙古)社(Jiutai Energy)によるもので、ロックフェラーは31%を出資している。

現地の豊富な石炭を原料に、シェブロン・テキサコの石炭ガス化技術を使い、100万トンのDMEと150万トンのメタノールを生産する。投資額は677百万ドル。

Jiutai Energy   http://www.jiutaichem.com/

Shandong Jiutai Chemical Company Limited
  formerly named as Linyi Luming Chemical Company, is located in Linyi, Shangdong in the east of China.

Rockefeller & Co.  http://www.rockco.com/


2005-4-26 China Chemical Reporter

1 Million T/A Dimethyl Ether Project Launches

On April 24, the 1 million t/a dimethyl ether project was launched in Erdos, Inner Mongolia, by Jiutai Energy (Inner Mongolia) Company, Ltd. that is a joint venture invested by Rockefeller & Co. and Jiutai Chemical Company, Ltd. ,in which Rockefeller holds 31% share. Occupying an area of 200 hectares, it will be the largest dimethyl ether production base in the world up to now, with the capacity of 1 million t/a dimethyl ether and 1.5 million t/a methanol. Using coal as raw material, the project adopts the advanced process of liquid-phase complex acid dehydration catalyzing.

The project investment will total to RMB5.6 billion. After the completion of the first phase, the annual sales revenue and profit will reach RMB1.02 billion and RMB375 million respectively.


March 21, 2005 Green Car Congress

Rockefeller Invests in Chinese Synthetic Fuel Company
http://www.greencarcongress.com/dme/

The Rockefeller family is taking a $100 million stake (31%) in China's Shandong Jiutai Chemical Co, and teaming up on the construction of a $677-million (5.6 bln yuan) dimethyl ether (DME) production facility.

DME is a clean-burning, synthetic substitute for diesel.

The new project, with an annual capacity of one million metric tons (approximately 20,600 barrels per day), is scheduled to start soon. Jiutai produced 50,000 metric tons of DME last year. An additional 100,000 tons of capacity will be added by April.

Coal-gasification using Chevron texaco technology provides the syngas feedstock for the DME conversion. Given its enormous coal resources, China is keenly interested in coal liquefaction technologies for synthetic fuels.

Demand for DME in China is estimated to reach 5.0-10 mln tons (103-206 thousand barrels per day) within five years.


2007/4/18 Asia Chemical Weekly

Jiutai kicks of DME project in Zhangjiagang   久泰能源

On Apr. 12, Jiutai Energy 久泰能源 started construction for the DME project in Jiangsu Yangtze River International Chemical Industrial Park, Zhangjiagang, Jiangsu Province.

The project is operated by
Jiutai Energy (Zhangjiagang) company, which is a nominal 55:45 jv invested by Shandong Jiutai Chemical Company and China Energy Limited.
Jiutai Chemical listed in Singapore as the name of China Energy, so in fact, Jiutai Energy (Zhangjiagang) is the whole owned subsidiary of Shandong based Jiutai Chemical.
China Energyは実質同社の100%の事業だが、今までは外国資本とのJVは税務上の恩典が受けられたのでJVとした。今後は税率が統一され、恩典はなくなる。)

With total planned capacity of 1 million tonne per year, the project will be conducted by two stages. In the first stage, Jiutai will build a 300,000 tonne/year facility with investment of USD 48.72 million, and aim to start up by the end of 2007. In the second stage, the company will build a 700,000 tonne/year facility; it will start construction at the beginning of 2008 and start up by the end of 2008.

Jiutai has 250,000 tonne/year methanol and 150,000 tonne/year DME capacities in Linyi, Shandong province.

Jiutai Chemical is building a 200,000 tonne/year DME plant at Guangzhou Nansha Economic & Technological Development Zone, Guangzhou, Guangdong Province, which was started construction in H1 2006.

The company also is building large scale
Methanol/DME project in Erdos, Inner Mongolia with planned Methanol capacity of 1.5 million and DME capacity of 1 million tonne per year, which was started in H1 2005.


China Chemical Reporter 2005/5/12

5,000T/A PPS Resin Project in Sichuan
 四川省徳陽市   四川徳陽科技

On May 5, a ceremony of breaking ground was held in Deyang, Sichuan province by Sichuan Deyang Sci-Tech Company Ltd., for the 5,000 t/a polyphenylene sulfide (PPS) projectwhich the company developed the technology by itself.

The company started to construct a 1,000 t/a PPS resin production line in 2002, and actualized commercial production in 2003. On the basis of this line, Deyang Sci-Tech put into an investment of RMB480 million to construct the 5,000 t/a PPS resin project. After its start-up scheduled in 2006, the sales revenue is expected to increase by RMB500 million per year.

Through cooperating with feedstock suppliers and users, Deyang Sci-Tech will develop other PPS products including granule materials, film and fiber products so as to profile the PPS products chain, promoting the development of the special engineering plastics sector and new polymer material sector.


2005/5/13 Sinopec

Sinopec Chemical Sales Branch Company Set Up in Beijing
http://english.sinopec.com/en-newsevent/en-news/2518.shtml

On 10 May 2005, China Petroleum & Chemical Corporation (Sinopec) had its Chemical Sales Branch Company (Chemical Sales Branch) officially set up in Beijing.

Over more than past 2 decades, Sinopec has embraced quick business expansions and also undergone multiple reforms, and has now turned out China
s largest manufacturer and seller of oil products, and chemical products. In terms of oil refining capabilities and ethylene producing capabilities, Sinopec has been ranked in the 4th place and the 6th place respectively among other players in the world. Seen from the perspectives of oil refining and sale of finished oil products, Sinopec has already built up a oil products marketing network comprising oil refineries, pipelines, oil depots, and petro stations. Besides, Sinopec is now obtaining even stronger abilities in dominating the domestic market of finished oil products. Seeing from the perspectives of production and sale of chemical products, Sinopecs ethylene production capacity has accounted for 4.25 million tons/year in 2004, constituting more than 70% of the countrys total in the same year. As the Yangzhou-based BASF project and Secco-based ethylene project were put into production already, and with the launch of new ethylene projects and also expansion of certain existing ethylene projects, Sinopecs chemical products are going to expand an increasingly expanding share in the market.

Due to many reasons (in historical and other terms) however, Sinopec has always had its chemical products
distributed in a separated way, and failed to lick into shape a one-fits-alldistribution network, set up a uniform Sinopec Brand, and establish its marketing edges by means of its established competitive edges in terms of product technology. As a consequence, Sinopec has been impeded from readjusting its product mix, developing new products, exploring the market into depth, distributing its resources, managing its customer base, constructing its distribution network, planning out and optimizing its operation strategy and marketing strategy, bringing into play its overall advantages established in the chemicals segment and gaining even stronger competitive forces in the market; in the meanwhile, a vast number of Sinopecs customers have also suffered much inconvenience in purchasing products turned out by Sinopec.


China Chemical Reporter 2005/5/20

Forthcoming Petrochemical Integrated Project in Xinjiang
新疆ウイグル自治区
http://www.ccr.com.cn/news_view.asp?ID=659

According to the news released by the Development and Reform Committee of Xinjiang Production and Construction Corps on May 9, in the 6 years from 2005 to 2010 the corps will make an investment of nearly RMB30 billion in the construction of 5 major industrial projects including a 1.2 million t/a PVC integrated chemical project and a co-generation project. It will be taken as a move to participate in the development of advantageous resources such as oil, gas and coal, accelerate the industrialization process and build the new industrial framework in Xinjiang.

Major projects to be constructed by Xinjiang Production and Construction Corps from today to the end of the Eleventh Five-year Plan period mainly include a
1.2 million t/a PVC integrated chemical project with a total investment of RMB15.2 billion and an annual sales revenue of RMB9.5 billion, a 1.2 million t/a coke comprehensive chemical project in Dahuangshan with a total investment of RMB1.66 billion and an annual sales revenue of RMB1.5 billion and projects of 800 000 t/a methanol and 520 000 t/a urea in South Xinjiang petroleum and chemical base using rich oil/gas resources in Wenshu of South Xinjiang.


Platts 2005/5/26

Taiwan GPPC expanding China ABS capacity by 100 kt/yr by H2 2006

Taiwan's Grand Pacific Petrochemical Corp
国喬石油化学 is in course of expanding its ABS plant capacity in Zhenjiang 江蘇省鎮江市, China by 100,000 mt/yr to 250,000 mt/yr, a source close to the company said Thursday.

The debottlenecking project is scheduled for completion in late 2006, and would require adding a reactor and 100,000 mt/yr line to the existing plant.
GPPC plans to ship styrene feed from its own plant in Tashe to Zhenjiang.
GPPC has two styrene plants in Tashe
大社, as well as a 80,000 mt/yr ABS plant and 25,000 mt/yr polystyrene plant. In addition, GPPC's wholly-owned subsidiary BC Chemical has the capacity to produce 70,000 mt/yr of PS in Lu Chuh Hsiang, near Tashe.


「人民網日本語版」2005527              中国最大の民営石油連合企業「長聯石油」が発足

中国初 民間資本の石油グループ、
6月設立へ

「競報」の報道によると、中国で初めてとなる民営の石油企業グループが今年
6月に設立される見通しだ。

中華全国工商業聯合会石油業商会のキョウ家竜会長が
26日、第8回北京国際科学技術産業博覧会で開かれた「中国エネルギー戦略フォーラム」で明らかにしたところによると、この民営石油企業グループの社名は「長城聯合石油集団公司*」。現在は準備の最終段階に入っており、民営石油企業数十社が株式参加の意向を示している。新会社の資本金は約100億元の見込み。

新会社は中国石油業で初めての総合的な民営グループ企業で、川上から川下までの産業をカバーし、調査、採掘、精製、輸送、大口・小売販売、輸出入を一体化した大型多国籍石油企業グループを目指す。時機を見て上場も目指す。

中国の民営企業が参入している石油関連分野は主に川中・川下産業、つまり精製油の加工や大口販売に集中している。川上分野は主に
3大国有石油企業(中国石油、中国石油化工、中国海洋石油)で占められている。

(キョウ家竜会長のキョウは「龍」の下に「共」)

* 社名変更 「長聯石油」


2005/6/2

SINOPEC 、カナダのオイルサンド事業を買収

 人民日報オンライン版によると、SINOPEC(中国石油化工集団) は1日、カナダのアルバータ州ノーザンライツにおけるオイルサンド事業の権益の40%を1億5千万カナダドル(約130億円)で買収した。これは中国海洋石油に続く、中国石油大手による同国オイルサンド事業への参入となる。

 中国海洋石油は本年4月に、カナダのオイルサンド開発企業・MEGエナジーの株式の16.69%を1億5千万カナダドルで買収した。MEGエナジーは推定40億バレル以上のビチューメン(れき青)を含有するオイルサンドの採掘借地権を100%保有している。


2005/6/15 China Chemical Reporter

Sinopec Gets Canadian Resources

SinoCanada Petroleum Corp., a subsidiary wholly owned by SIPC, and Synenco of Canada jointly announced on May 30 that both sides have reached a series of cooperation agreements and will establish a partnership enterprise to jointly develop the North Pole Star oil sand project located in Alberta of Canada.

According to the agreements reached by both sides, SIPC will subscribe around 150 million Canadian dollars and acquire 40% equity in North Pole Star partnership enterprise. Synenco will subscribe the assets of the project, acquire 60% equity and also act as operator of the project.

Synenco is a Canadian energy company established specially for the development of the North Pole Star project. Evaluation of oil sand resources was launched in 1999 and early-stage preparations of the project were started in 2003.


China Chemical Reporter 2005/6/7

30 000 T/A Butanone Project Put on Stream

Recently the 30 000 t/a butanone (methyl ethyl ketone) project completed by Hebei Zhongjie Petrochemical Group Company Ltd. 河北中捷石化集団公司 was put on stream in Cangzhou Coastal-port Chemical Industry Zone, Hebei province河北省滄州市 with a total investment of RMB280 million. It is the current largest butanone project in China.

The project adopts the advanced secondary butyl alcohol hydration process, and cut the production cost of butanone by RMB1 000 per ton by means of using the byproducts and some auxiliary facility in MTBE (methyl tert-butyl ether) production.


2005/6/12 Asia Chemical Weekly

Sinopec、南京の2子会社を統合;PVC 30万トン計画

Sinopec has reorganized its two Nanjing subsidiaries by the merger of Nanjing Chemical Industrial Co (NCIC) and Nanjing Chemical Plant (NCP).
Both the two companies are Sinopec's oldest subsidiaries. NCIC produces chemical fertilizers, organic and inorganic chemical raw materials, catalysts; while Nanjing Chemical Plant (NCP) produces rubber chemicals, chlor-alkali products as well as organic intermediates. According to Sinopec, the merger will enhance the competitivess of both Nanjing-based companies.

The new company name will be NCIC. Sinopec will inject Rmb600m ($72.5m) into the new NCIC; in turn, the new NCIC will spend Rmb400m in new investments for its coal-based chemicals, benzene derivatives and chlor-alkali products.

Nanjing government had requested for NCP's plant facilities to be relocated to NCIC's site in Dachang district. One of the projects is NCP's 60,000 tonne/year chlor-alkali plant to NCIC's site and
increases the capacity to 100 kt/a by end-2005.

Besides the expansion of chlor-alkali plant, NCIC also plans to build a
300 kt/a PVC project in Nanjing, and the company aimed to bring the project onstream in 2007.

The proposed PVC projcet would be based on the ethylene-route and the ethylene feedstock will be sourced from another Nanjing-based Sinopec subsidiary - Yangzi Petrochemical Co (YPC). YPC runs a 650 kt/a cracker and also operates a 600 kt/a cracker in a jv with BASF.


2005/6/16 Asia Chemical Weekly

三菱化学、中国寧波のPTA建設開始

 三菱化学主導の寧波三菱化学有限公司は8日、浙江省寧波市大シャ島での高純度テレフタル酸60万トンプラントの建設を開始した。寧波三菱化学有限公司は日本側投資会社・寧波PTA投資が90%、中国中信集団(CITIC)が10%のJVで、寧波PTA投資には三菱化学が 61%、伊藤忠商事が 35%、三菱商事が 4%を出資している。

 同社は第1次事業計画申請書の批准を2003年6月に受けており、2004年央にも最終承認を受ける予定であったが、承認手続きが遅延し、ようやく本年2月1日に最終事業家計画書の認可を受けた。最終承認は遅れたものの、三菱化学では当初予定通り2006年9月までにスタートできるとしている。

 中国の最新統計では、中国のPTA輸入は、ポリエステルの好況を受けて増加しており、2004年は572万トンと前年を大きく上回っている。輸入量は03年が455万トン、02年が430万トン、01年が310万トンだった。

 しかしながら中国ではPTAの増設計画が目白押しで、2004年末の能力600万トンに対して、明らかになっている2007年までの増強計画を合計すると1,240万トンで、合計能力は1,840万トンに達する。(添付資料参照)

 このすべてが実現するとは思えないが、2007年頃には国産能力は著しく増大し、欧米との繊維輸出規制問題の帰趨等、今後の需要の動向にもよるが、業界筋では輸入量が100万トン程度に減ると見ており(需要によっては輸入は不要となる可能性も;下記注参照)、アジアのPTAの需給状況が激変する可能性が強い。

(Chemnet Tokyo注 )
 2005/5のMETI 「世界の石油化学製品需給動向」 では2007年の中国のPTAの需給を
   能力 12,296千トン(発表された計画ベース)
   生産  9,837千トン
   需要 12,527千トン  とみている。 

 一方、Asia Chemical Weeklyでは2007年について
   能力 18,400千トン
   生産 14,000千トン
   需要 15,300千トン となっており、需要予想にも差がある。  



 中国のPTA増設計画  2005/6 Asia Chemical Weekly

  Facility location capacity
  千トン
On stream Status

Jiangsu Shenghong Chemical Fibre

Wujiang; Jiangsu

600

past-05

study

Yisheng Petrochemical

Ningbo; Zhejiang

530

2005

underway

Yizheng Chemical Fibre Co Ltd

Yizheng; Jiangsu

600

 

engineering underway
→1,000

Formosa Plastics Industrial Co (Ningbo)

Ningbo; Zhejiang

600

past-05

engineering underway

Guangdong Maoming Petrochemical Industrial Zone

Maoming; Guangdong

450

past-05

study

Huvis Corp

Zigong; Sichuan

600

past-05

study

Invista Far Eastern Petrochemicals Ltd

Ningbo; Zhejiang

600

past-05

construction underway

Liaoyang Petrochemical Co

Liaoyang; Liaoning

800

past-05

construction underway

Oriental Petrochemical

Pudong; Shanghai

500
600

past-05

Taiwan's Far Eastern Group

Yangzi Petrochemical Co Ltd

Nanjing; Jiangsu

600

past-05

engineering underway

Zhejiang Hualian Sunshine Petrochemical Co Ltd
浙江華聯サンシャイン石化 No.2

Shaoxing; Zhejiang

600

2005

construction underway

Zhejiang Hualian Sunshine Petrochemical Co Ltd
浙江華聯サンシャイン石化 No.3

Shaoxing; Zhejiang

600

1-Aug-06

construction underway

Zhejiang Tongkun Group Co

Zhejiang

600

past-05

study

Zhejiang Zongheng Textile Group

Shaoxing; Zhejiang

120

2006

engineering underway

Beijing Jialong Investment Co Ltd

Quanzhou; Fujian

600

past 2006

study

BP Zhuhai Chemical Co Ltd
BP 珠海化学

Zhuhai; Guangdong

900

2007

study (feasibility)

China National Blue Star (Group) Corp

Dagang; Tianjin

530

2007

planned

Ningbo Mitsubishi Chemical Co Ltd

Ningbo; Zhejiang

600

2006

engineering underway

Shandong Zibo Wanjie Industrial Co Ltd

Zibo; Shandong

530

2007

study

Urumqi Petrochemical Complex

Urumqi; Xinjiang

800

2007

study

Xianglu Petrochemicals Corp
翔鷺石油化学

Xiamen; Fujian

150

2007

planned
2006年 300

Yisheng Petrochemical
浙江逸盛化学)

Ningbo; Zhejiang

530

2007

study

Total  

  12,440

   
追加

Jiangsu Hailun (海倫) Chemical

Jiangyin, Jiangsu

600

H2 of 2007

started the construction

 


China Chemical Reporter 2005/6/21

100 000 T/A PP Project Comes on Stream in Shaanxi  陝西省

100 000 t/a PP (polypropylene) project was completed by Yanlian Petrochemical Co., Ltd, a subsidiary of Shaanxi Yanchang 陝西延長Petroleum Industry Group Corporation, with the total investment of RMB500 million, and came on stream in Luochuan 洛川 county, Shaanxi province. The qualified PP products were outlet on June 9.

The project adopts the global advanced Himont technology from Italy, using SPP double loop tube process and DCS central integrated distributive control system.


2005/6/23 Asia Chemical Weekly 

中国・盤錦エチレン、エチレン増設計画を変更

 遼寧省の盤錦エチレンPanjin Ethylene Industry Corp (PEIC)
はエチレン増設計画を変更した。同社では当初、既存の16万トンプラントを40万トンに増設する計画であったが、この場合6ヶ月程度操業を休止する必要があるため、新しく30万トンプラントを新設することとし、政府に申請を行った。既存プラントは10月の定修中にデボトルネックで能力を2万トン増やし18万トンとする。新プラントが完成すると合計能力は48万トンとなる。(更に450 000 に変更)

 盤錦エチレンは遼寧省政府所有の遼寧 Huajin 化工集団
http://www.huajinchem.com の子会社で石油精製会社の傘下でない唯一のエチレンセンター。
(その他の中国のエチレンセンターはすべてCNPC:PetroChinaか SINOPECの傘下。外資とのJVではBASF-YPC と上海 Secco は SINOPEC とのJVで、中海シェル石油化学は中国海洋石油とのJV)
 盤錦エチレンは現在、原料ナフサをPetroChinaの大連、大慶両製油所から供給を受けているが、新増設に関してナフサをどうするかが問題となる。このため新設プラントをナフサソースとのJVとする可能性もある。
サウジのSABICと大連實コグループの連合が参加するのではとの噂もある。(両社は大連地区で石化事業を検討中)

 盤錦エチレンは現在、ブタジェン25千トン、PE 125千トン、PP 50千トン、SM  60千トン、PS 30千トン、ABS 50千トン、BTX 80千トンを生産している。


2007/4/19 Shaw Group

Shaw Ethylene Technology Selected for New Grassroots Plant in China  盤錦エチレン

The Shaw Group Inc. announced today that its Shaw Stone & Webster business unit's technology has been selected for a new grassroots ethylene plant by Liaoning Huajin Chemicals Corporation (LHC). The planned plant capacity is 450,000 metric tons of ethylene annually and will be constructed as part of a major expansion to LHC's existing petrochemical facility in Panjin City, Liaoning Province, China.
Under this contract, Shaw will provide the process design package, including related engineering and detailed design services for key components. Together with the engineering package, Shaw will also supply its proprietary equipment, technical services and training to the client during the execution of the project. The value of Shaw's contract was not disclosed.


2006/10/24 Asia Chemical Weekly     着工

HuajinChem will add ethylene capacity to 630kt   華錦化工集団(HuajinChem:通称盤錦エチレン)

Huajin Chemical Group (HuajinChem) will expand ethylene capacity to 630 000 tonne/year from 180 000 tonne/year in Panjin, Liaoning Province, by building a new 450 000 tonne/year facility, rather than earlier announced a new 300 000 tonne/year unit.

The company has signed an engineering contract with China HuanQiu Contracting & Engineering Corp (HQCEC), for the new ethylene project. This project is expected to break ground in March, 2007 and completed construction by the end of 2008.

The HuajinChem ethylene plant, also named as Panjin Ethylene Industry Company (PEIC), has ethylene capacity of 180 000 tonne/year. It was debottlenecked from 160 000 tonne/year in Q4 2005.

Currently, HuajinChem is a subsidiary of China North Industries Group Corporation (CNGC:中国北方工業公司), it was merged by CNGC in Q1, 2006. It is said that CNGC would secure the feedstock from overseas market for the new ethylene project.

At present, HuajinChem operates 900 000tonne/year ammonia, 1.5 million/year urea, 180 000 tonne/year ethylene, 130 000 tonne/year PE, 70 000 tonne/year PP, 75 000 tonne/year of SM, 30 000 tonne/year PS, and 50 000 tonne/year ABS units, etc.

China HuanQiu Contracting & Engineering Corp (HQCEC)
  CNPC傘下の建設会社 http://www.hqcec.com/EN/

中国北方工業公司(CNGC:China North Industries Group Corporation) 
 
http://www.norincogroup.com.cn/english/

 CNGCは国営企業で主業務は中国軍への兵器納入であるが、民事用の機械、化学品、建設機械、その他も扱っている。


2007/5/7 Asia Chemical Weekly

HuajinChem starts construction for ethylene and refinery projects

On Apr. 28, 2007,
Huajin Chemical Group (HuajinChem) started construction for its 460,000 tonne/year ethylene project and a 5 million tonne/year refinery in Panjin, Liaoning Province.

The announced capacity of this ethylene project is 450,000 tonne per year earlier. By building the new facility, HuajinChem will expand total capacity to 640,000 tonne per year from the current 180,000 tonne per year.

With total investment of USD 609 million (RMB 4.7 billion), the ethylene project was approved by government in Aug. 2005. It includes derivatives like HDPE, PP, EO/MEG, ABS, Butadiene and BTX facilities. There are expected to start up in Q1 2009.

According to the industrial sources, the derivative units of Huajinchem new ethylene show as the following.
 HDPE 300,000 tpa
 PP 250,000 tpa
 SM 120,000 tpa
 Butadiene 65,000 tpa
 BTX 250,000 tpa

PVC project is shelved and other derivatives capacities are unknown.
(
2003/12時点ではPVC計画あり

The feedstock will be sourced from the integrated 5 million tonne/year refinery, which costs USD 613 million (RMB 4.73 billion), will provide 1.76 million cracker feedstock (includes naphtha and hydrogenation residue) for the ethylene project. The refinery is expected to start up by the end of 2008.

At present, HuajinChem operates 900,000 tonne/year ammonia, 1.5 million/year urea, 180,000 tonne/year ethylene, 130,000 tonne/year PE, 70,000 tonne/year PP, 75,000 tonne/year of SM, 30,000 tonne/year PS, and 50,000 tonne/year ABS units.

HuajinChem was merged by China North Industries Group Corporation (CNGC) in Q1, 2006. CNGC will secure the feedstock from overseas market for the refinery.

Also, on Mid Apr. 2007,
Liaoning North Jinhua Polyurethanes, a jv between HuajinChem and CNGC, has started construction for its 50,000 tonne/year TDI project in Huludao; Liaoning, it is expected to startup in late 2008 or early 2009.


China Chemical Reporter 2007/5/15

Liaoning Launches Three Projects

A ceremony for launching the 460 000 t/a ethylene project and the 5.0 million t/a oil chemical project in Liaoning Huajin Group and the 50 000 t/a TDI project in Liaoning North Jinhua Group was held in Panjin of Liaoning province on April 28th, 2007.
   The 460 000 t/a ethylene project got the approval from the National Development and Reform Commission on August 2nd, 2005. It is composed of 10 units including HDPE, PP, EO/EG, bulk ABS, butadiene and aromatic extraction. Huajin's annual total output of major products such as polyolefins will be increased from 300 000 tons today to 1.1 million tons. The project is planned to be completed in March 2009.
   The 5.0 million t/a refining project uses the heavy oil conversion and refining-chemical integration process route. The all-hydrogenation mode combining hydrocracking and delayed coking will be used to achieve crude oil processing for the production of ethylene raw materials. After the completion of the project, nearly 2.0 million t/a of high-quality cracking raw materials such as naphtha and hydrogenated tail oil will be provided for the ethylene production. The problem of raw material availability in the existing unit will also be solved. The project is composed of 9 units and storage/transportation facilities. Except the UOP technology used in continuous reforming, all other units will use domestic technologies. The refining project is planned to be started construction in July 2007 and be completed at the beginning of 2009. 


「人民網日本語版」2005年6月23日

青島で国際製油事業 1千万トン級の工場に着工

1 千万トン級の製油工場などを建設する「青島大製油プロジェクト」の起工定礎式が22日、山東省青島市で行われた。同事業は中国石化公司、山東省国際信託投資有限公司、青島市国信実業公司が共同で出資して進めるもので、サウジアラビアの国営石油会社・サウジアラムコとの合弁協力が予定される大型の対外協力プロジェクトだ。1千万トン級の製油工場が建設されるのは、今世紀では国内初となる。

1期工事では、年間の原油加工量1千万トン、製品油生産量760万トン、化学工業向け軽油生産量100万トンを目標としている。また、排ガス基準「ユーロ3」のクリアも目指している。


日本経済新聞 2005/6/24

ユノカル買収 中国参戦 中国海洋石油が名乗り
 シェブロンと対決 米政府・議会に懸念の声も

 米石油大手ユノカル買収に中国海津石油
(CNOOC)が再び参戦、買収に合意済みの米シェブロンと争うことになった。世界的に油田開発が困難ななか、米国を舞台に、資源確保に熱心な中国を巻き込んだ再編競争が始まった。米政府・議会には国営企業による買収は安全保障上好ましくないとの議論もあり、米中関係にも影響しそうだ。
 ユノカルの昨年の確認可採埋蔵量は原油換算で約17億5400万バレルで、そのうち半分近くがアジア地域にある。CNOOCは地元に近い地域に新規の開発投資をせず有力油田を手中に収めることができる。生産量は2倍、埋蔵量も8割増やせる。

中国海洋石油 資源確保を最優先

野へ参入。収益の先行きは不透明感が強い。2006年までに16の海底油田で操業を始める計画をまとめるなど事業拡大に必死だ。
 今回の買収案に政府の意向が強く働いたのは間違いない。中国は5月に「エネルギー指導小組」を設置し温家宝首相が組長に就任。同組織の最重要課題は石油の安定確保のために海外油田開発を強化すること。買収資金についてある国有金融機関は「石油のためならいくらでも貸す」としている。


The Union Oil Company of California was founded on Oct. 17, 1890.
To form Union Oil, co-founders Lyman Stewart, Thomas Bard, and Wallace Hardison merged their holdings.
Stewart and Hardison met in the Pennsylvania oil fields, which boomed after the country's first oil well was drilled near Titusville in 1859. The partners built up modest oil fortunes, then sold out and moved west in the 1880's to seek greater opportunities in California.
In 1890, Stewart and Hardison combined their oil assets with those of Thomas Bard, a prominent businessman, to form the Union Oil Company of California. The company was incorporated on October 17, 1890, in the small town of Santa Paula, located about 100 miles northwest of Los Angeles.


日本経済新聞 2005/8/3

中国海洋石油、ユノカル買収を断念・米議会の反発で

 米石油大手ユノカルに買収提案していた中国海洋石油(CNOOC)は
2日、買収を断念したと発表した。米議会からの反発が予想以上に強く、条件を引き上げても成功の見込みは薄いと判断した。

 ユノカルは810日に株主総会を開き、シェブロンによる買収の承認を株主に求め最終決定する。


2005/6/29 Vopak

Vopak starts development of sixth terminal in China 江蘇省張家港
http://www.vopak.com/press/137_591.php

* Vopak starts development and construction of new chemicals terminal in Zhangzijagang, China
* Vopaks sixth terminal in China and the first fully-owned
* Terminal to be operational in 2008


人民日報 2005/7/7

山西省、年間売上高500億元の石炭化学工業を育成

 伝えられるところによると、山西省の関係部門は、2005年〜2007年の間に、石炭化学工業に92.4億元を投じて、石炭産業チェーンを完備させ、2007年の石炭化学工業の売上高を500億元に増やすことを計画している。

 年初に、山西省は『山西省の優位のある石炭化学工業の推進加速に関する3カ年計画』を打ち出した。その内容は、「天脊」、「三維」、「山焦」、「太化」、「豊喜」など石炭化学工業の大手を重点的にサポートし、これらの企業の年間売上高の30億元突破に協力すること。「化学肥料、メチルアルコール、エチレン、ベンゼン、コールタール」の五大基礎的製品をめぐって、20のプロジェクトを重点的に実施し、石炭化学工業の産業群を形成させ、山西省の石炭化学産業の持続可能な発展を実現することなどである。

 この計画が達成されれば、2007年には、山西省の高濃度化学肥料の総生産量は600万トン、メチルアルコール及びその下流製品の総生産量は200万トン、
ポリ塩化ビニールの総生産量は100万トン、クロロプレンゴムの総生産量は5万トン、ポリビニールアルコールの総生産量は10 万トン、ベンゼン及びその下流製品の加工能力は80万トン、コールタールの精加工能力は80万トンになる。そして、この年の山西省の石炭化学産業の売上高は500億元に達し、現在の売上高より350億元増えることとなる。


China Chemical Reporter 2005/7/6

Hotung Plans to Increase Investments in Nanjing
 台湾ホートン・ケミカル

The Letter of Intent signed by Taiwan Hotung Chemical Corporation on June 10 has a total investment of US$183.5 million and covers petrochemical and bio-drug sectors.

In 1993 Hotung Chemical Corporation made an investment through its wholly-owned subsidiary and established
Nanjing Jintung Petrochemical Co., Ltd. 南京金桐石化 in collaboration with Sinopec Jinling Petrochemical Limited Corp金陵石化. The new company has a registered capital of RMB168.2 million and the equity ratio between Hotung Chemical Corporation and Jinling Petrochemical Limited Corp. is 60 : 40. Leading products in the company are alkylbenzene series products. The total output value was RMB684 million and the net profit was RMB27 million in 2004. Totung Chemical Corporation has therefore become the second biggest alkylbenzene producer in the world. It is reported that Jintung Petrochemical Co., Ltd. is the biggest joint venture project launched by Sinopec together with Taiwan petrochemical enterprises.


Asian Specialty Chemicals Newsletter 2001/11/7 

Jin Tung Chemical Corp, an affiliate of Taiwan's Ho Tung Chemical Corp, is expected to open a new 72 000 tpa linear alkyl benzene (LAB) plant in Nanjing, China, sometime in Q3 2002. The company has commenced construction of the plant, which will source feedstock from Jinling Petrochemical. The new plant is a joint venture between Jinling Petrochemical of China and Ho Tung Chemical.


Shandong Business Net 2005/6/30

中国最大の民営石油連合企業が発足
http://www.trade.gov.cn/japanese/php/show.php?id=567

 30余社の民営石油企業が加盟する「長聯石油株式会社」(英語名:Great United Petroleum Holding Co. LTD、略称:長聯石油、GUPC)が6月29日北京で設立され、これはこれまでのところで、中国最大の民営石油連合企業であると見られている。

 長聯石油株式会社(略称:「長聯石油」)は数多くの民営石油・天然ガス企業が共同で設立したもので、石油の探査・採掘、精製・石化、石油の輸入貿易、卸売り・小売を主な営業内容とし、「逐次拡大する」というパターンで上流、中流、下流の民営石油企業を加盟させ、さまざまな民営石油企業に「オープンな平等に参与し、協力して共にメリットを手にする」という受け皿をつくるものである。



 長聯石油株式会社は石油・天然ガスの探査・採掘、原油の加工、精製、石油液化ガス、液化天然ガス、石油製品、燃料オイル、加工済みの石油製品(ガス、石炭、ディーゼル・オイル)、潤滑油の生産、卸売り、小売り、備蓄、輸送、石油産業への投資、情報提供、コンサルティングを主な経営内容としている。同企業の現在の資産規模は50-100億元で、経営資産は1000億元に達する。

当初の社名案は Great Wall United Oil Group Corporation


日本経済新聞 2005/7/13

中国石油事業 外資が攻勢
 米エクソンとサウジアラムコ シノペックと共同 精製・小売り一貫で

 米エクソンモービル、サウジアラビア国営石油会社(サウジアラムコ)、中国石油化工(シノペック)の3社は福建省で石油精製、石化製品生産、小売りの一貫事業を共同で展開することで合意した。外資側は別の製油施設への出資も検討中で、成長市場に攻勢をかける。中国政府には石油資源を持つ欧米の石油メジャーや産油国企業を引き込み、原油の安定調達につなげる狙いもある。 




 

 

 

 

 

 

 

 

 

 

 

 

 


2005/7/24 Asia Chemical Weekly

中国/台湾のJV、江蘇省で60万トンPTAプラント建設開始

On 17 July 2005, Jiangsu Hailun (海倫) Chemical Co. started the construction for its 600 kt/a PTA project in Jiangyin (江陰), Jiangsu Province.
The total investment for the PTA project is USD 600 million, and the project is expected to be commissioned by H2 of 2007.

Hailun Chemical is a 50:50 jv of Jiangsu based Sanfangxiang (三房巷) Group and Taiwan based Dragon Group.
Located in Jiangyin, Jiangsu Province, Sanfangxiang is a major PET producer in China. It has the advantages of Port and Logistics as Jiangyin is an important Port of Yangtze River.

Dragon Group produces PX, PTA and PET products; it has a subsidiary Dragon Special Resin (DSR) in Haicang Industrial Zone (海倉工業區) in Xiamen, Fujian Province福建省廈門 (the same site as Xianglu Chemical Fibre).


Dragon Special Resin

Founded in April 2002, Dragon Special Resin (Xiamen) Co., Ltd. (DSR), approved by Xiamen City Government and by the Ministry of Commerce, is a foreign investment enterprise. Located in the Haicang Investment Zone of Xiamen city, the DSR facility occupies a total site area of 24 hectares. With the investment totaling US$274 million, DSR has several nationally promoted projects, such as the Specialty Resin Production Line, capable of producing 320,000 tons of specialty polyester annually, and the Centralized Utility Center in the South Industrial Zone of Haicang.
The main products of DSR are Bottle Grade Chips, Industrial Grade Chips as well as other related high quality products. DSR also provides public utility such as steam, heat through heat-transferring medium and electricity.


日本経済新聞 2005/7/26

大型石油精製所 インドネシアに建設 中国石油化工、10億ドル投資

 インドネシア政府は25日、2007年までの完成を目指し、中国国有石油2位の中国石油化工(シノペック)が東ジャワ州トゥバンに大型石油精製所を建設することを明らかにした。精製能力は日量最大20万バレルで投資額は約10億ドル(約1116億円)。中国企業が石油精製所に本格投資するのは初めて。中国勢のインドネシア向け石油関連投資が加速しそうだ。
 ユドヨノ大統領が27日に訪中した際に合意書を交わす。インドネシア国営石油会社プルタミナが協力し、シノペックが石油精製所を建設・運営する。年末にも着工する。東ジャワ州で2008年に生産を始める。チェプ油田などの石油精製に当たる。
 インドネシアでは中国海洋石油など中国系の原油ガス開発会社が投資を積極化している。中国海洋石油は同国の原油生産量で現在3位。大型石油・精製所の建設で、中国の東南アジアでのエネルギー開発の主導権が一段と強まりそうだ。


China Chemical Reporter 2005/7/27

Xinjiang and ChemChina Sign Cooperation Agreement
新疆ウイグル自治区

Xinjiang and ChemChina signed an agreement on overall strategic cooperation on July 13. It shows that ChemChina has started to make full-scale participation in the development of related sectors in Xinjiang.

According to the agreement, ChemChina will establish 3 industrial bases of chlor-alkali and PVC, radial tires and soda ash in Xinjiang. The final capacity will reach 600 000 t/a PVC, 500 000 t/a caustic soda, 1.0 million sets/a radial tires and 600 000 t/a soda ash. The total project investment will be around RMB9.0 billion. After the completion of these projects, the sales revenue will be RMB8.0 billion and the profit and tax will be around RMB2.0 billion a year.

ChemChinaは昨年5月に国営のChina National Blue Star (Group) (藍星グループ)China Haohua Chemical Industrial (Group) (昊華化工)が統合したもの。
   中国化工集団公司 
http://www.chemchina.com.cn/job.htm

 


China Chemical Reporter 2005/7/28

200 000 T/A LDPE Project Launched in Daqing   大慶石油化学

The 200 000 t/a LDPE (low density polyethylene) project has been launched in Daqing Petrochemical Co., Ltd. in July 2005, with a total investment of RMB1.28 billion. Because of its completion, the companys annual output of polyolefin will increase from 480 000 tons to 680 000 tons, and the output of specialty material will account for over 40% in the companys polyolefin output. Adopting Lupotech T technology from Basel Company, the project can manufacture 5 categories, 43 types of LDPE products, with the characteristics of good catalyst capability, short process flow, simple facility, less request on the precision of raw materials, and low energy consumption. Besides, using the Lupotech T technology, LDPE homopolymer and ethylene-vinyl acetate copolymer (EVA) can be produced.

* Lupotech T - high pressure tubular reactor process for the production of LDPE homopolymers and EVA-copolymers


Platts 2005/8/2

China Garson defers indefinitely third EPS unit on over-capacity 嘉盛石化

China's Garson Petrochemical has postponed indefinitely the start up of its third expandable polystyrene unit in Jiangyin, pending a sustained recovery in cash margins, a source close to the company said Tuesday.


Asia Chemical Weekly 2004/4/23

China's Jiasheng defers launch of EPS line by 5 months to Aug-Sep

China's Jiangsu Jiasheng Petrochemical Industry (嘉盛石化) has deferred by five months the commissioning of its second expandable polystyrene line in Jiangyin, to August or September, a company source said.

Jiasheng, also known as Garson Petrochemical Industry, plans to start up its third EPS line in May-June next year. All three EPS lines have identical nameplate capacities of 60,000 mt/yr each. They will eventually be linked to form a single plant. Jiasheng's first line was operating at 70% capacity on Monday due to weak negative cash margins. Early Monday, China's styrene monomer and EPS markets were pegged at Yuan 9,000/mt ex-tank and Yuan 8,900/mt ex-work, respectively. This meant that local EPS producers were making losses of about Yuan 900/mt ($108/mt).


China Chemical Reporter 2005/8/9

PTMEG Project Startup in Jilin

Recently the
20,000 t/a PTMEG (polytetramethylene ether glycol) project was groundbreaking for its starting construction in Jilin Qianguo(前郭) Refinery (JLQR). The project adopts the advanced process from America and Korea. The main material obtained from abundant corn in Songyuan(松源市), Jilin province where JLQR is located.

* JRQRはCNPC(PetroChian)子会社
* とうもろこしの芯→
フルフラール→THF→PTMEG→Spandex
* 通常は1,4ブタンジオール→THF
   BASF上海はブタン→THF

◎ 中国の状況


Platts 2005/8/11

China's Yizheng plans 1-mil mt/yr PTA plant startup by end-2007
   儀征化繊     900,000tpa

China's Yizheng Chemical Fibre Co Ltd has scheduled to start up a new 1-mil mt/yr purified terephthalic plant at its site in Jiangsu by the end of 2007, a company source said Thursday. Approval from the central government, however, was still pending although it is considered a formality, the source added, with works expected to start at the end of the year. Yizheng operates two PTA lines in Nanjing. Its No 1 line has capacity of 325,000 mt/yr, while its newly-debottlenecked No 2 line's has 585,000 mt/yr capacity, up 135,000 mt/yr since April of this year. All of Yizheng's PTA output is for captive use, as the company is one of the largest producer of PET chips and resins in China. Yizheng Chemical Fibre Co Ltd is a subsidiary of Sinopec Corp.

Meanwhile, Yizheng has started up its new 160,000 mt/yr polyethylene terephthalate bottle grade plant at its site in Jiangsu early August, the source said. This will boost its total
PET to 1.73-mil mt/yr. Given that its total PTA capacity is at 910,000 mt/yr while its downstream PET capacity is 1.57-mil mt/yr, Yizheng still has a large gap in feedstock needs.


2001314日 社名変更
旧社名:
Yizheng Chemical Fibre Company Ltd./儀征化繊(イージエン・ケミカル)
新社名:
Sinopec Yizheng Chemical Fibre Co. Ltd./儀征化繊(イージエン・ケミカル)

主要株主:
China Petroleum & Chemical Corp (42.00%)
HKSCC Nominees Limited (33.62%)
China International Trust and Investment Corporation (18.00%)
 

中国のアパレル産業用の天然繊維不足を解消するため、中国政府が打ち出した緑化プロジェクト推進組織として、1978年に設立された。同社の主な活動は、中国におけるポリエステル・チップとポリエステル主体繊維の製造と販売である。同社は、中国最大、世界第5位のポリエステル製造会社である。同社の製品は、中国全土で販売されており、広範な顧客基盤を持つ。また、海外にも製品を輸出している。同社の本社と製造工場はイージェン市内にある。  


Platts 2006/8/30

China's Sinopec Yizheng awaits go-ahead on 900,000 mt/yr PTA unit 儀征化繊

China's Sinopec Yizheng is now awaiting headquarters' approval prior to commissioning its newest 900,000 mt/year purified terephthalic acid plant in Yizheng City of east China's Jiangsu Province, a company source said Wednesday.
The PTA plant received approval by the Country's National Development and Reform Commission in 2004, but construction works have been delayed by Sinopec specifications that require at least 70% of the plant components to be domestically produced.


2005/8/14 Asia Chemical Weekly

Zhenjiang's ABS producers further impacted by new rule

On 12 July, China's Ministry of Communications (MOC) released the No.9 announcement in 2005. It announced a new rule which restricts the capacity of trucks carrying hazardous products (includes ACN). The new rule started effect on 1 August.  

According to the new rule, each truck can carry only 10 tonne of ACN or other hazardous chemicals presently, down from 30-50 tonne previously. The rule does not apply to ISO-certified trucks, which can carry up to 17 tonne of goods. 

Since 1 June 2004, China's government had banned the transportation of ACN along the waterway of Yangtze River, and imposed a US$10/tonne surcharge on ground transportation due to the environmental concerns. Two Taiwanese ABS producers in Zhenjiang - Chi Mei and Grand Pacific Petrochemical Corp (GPPC) - were most impacted by the Yangtze River ban of ACN. 

This time, the users of ACN, especially the ABS producers located along the Yangtze River, have been impacted further by the new transportation rule. Because there are no enough ISO-certified trucks to meet market demand; the ACN buyers have to hire more trucks to carry the ACN feedstock and that means higher logistics costs. 

Besides Chi Mei and GPPC in Zhenjiang, other companies are impacted by the new rule include Shinho Changzhou Petrochemical whick produces ABS in Changzhou (also along Yangtze River), and Zhenjiang Nantex Chemical, which produces NBR in Zhenjiang.  

Currently, Chi Mei and GPPC imports ACN feedstock by Lianyungang port (連雲港), Jiangsu Province and Lanshan Port (嵐山港), Shandong Province, and then transports to Zhenjiang through the ground way.


China Chemical Reporter 2005/8/17

Tianjin Lingang Industry Zone Starts Construction
天津臨港産業区

Tianjin Lingang Industry Zone, the first offshore new chemical city in China, has passed the examination of the State Council for the seawater utilization right. 6 well-known domestic and foreign enterprises have made investments in the zone. The total investment has reached nearly RMB20.0 billion. After the completion of these projects, the industrial total output value will be RMB65.0 billion and the profit and tax will be nearly RMB3.0 billion a year.

Lingang Industry Zone is located in shallows south of the estuary of the Hai River in
Tanggu (塘沽) District. It is totally formed through the land reclamation from the sea, being the first example in China. The long-term development area is 79 km2 and a land area of 21.66 km2 has already been formed today.

6 domestic and foreign enterprises have signed agreements on project investment. Projects include the 350 000 t/a thermal-process VCM project funded by
Tianjin LG Bohua Chemical Co., Ltd., the 200 000(300,000?) t/a PS project funded by Taiwan Loyal Group, the relocation project of Tianjin Soda Plant, the 2.0 million t/a ship building and 300 000 t/a ship repair project in Tianjin Xingang Shipyard and the lubricant project funded by Korean companies. Besides, ChemChina, SK Group of Korea and Oil Company of the United Arab Emirates are planning to jointly construct a 1.0 million t/a ethylene and 10.0 million t/a oil refining project.


Taiwan Loyal Group

Taiwan Loyal Group, the beggest EPS manufacturer of Asia, came racing to Tianjin Economic-Technological Development Area
http://en.investteda.org/informationcenter/newsletter/2004/t20050408_2739.htm

Taiwan Loyal Group, the largest EPS manufacturer of Asia and the second largest of the world, has invested in its 8th enterprise in mainland China in the Chemical Industrial Park of TEDA(Tianjin Economic-Technological Development Area).

Taiwan Loyal Group established
Tianjin Longqiao Engineering Plastic Co., Ltd. in Tianjin with a total investment of 29.98 million dollars, a registered capital of 12 million dollars and an area of approximately 100,000 square meters. The expected annual output is 120,000 tons for Phase I of the project, and 180,000 tons for Phase II. The company is expected to be ready to go into operation within this year.

The investor, Taiwan Loyal Group, was founded in Kaohsiung, Taiwan, in July 1974 to produce expandable polystyrene (EPS) and then Phenolic Resins (PF) and Furan Resin (FR) two years later. EPS is applied in the packing industry, building industry, agriculture and fishery, and technical industies, while PF/FR in foundry industry. Up to now the Long Wang Brand EPS holds an annual output of 640,000 tons which ranks the first in Asian and the second in the world. It is reported that the domestic annual demand for EPS goes up at 10% of an annual growth rate, and thus the annual demand will reach one million tons by 2010.


寧波新橋化工  Ningbo He-Qiao Chemical Industrial Company
  EPS樹脂 (三菱商事7.8%、トーホー商事7.8%、台湾ロイヤル84.8%)
http://www.loyal.com.tw/serv03.htm

Loyal's China business grew quickly, and by 1990, Mr. Y.C. Liao began searching for a joint venture partner to set-up an EPS manufacturing site in China. He found the perfect partners in the Mitsubishi Corporation, one of the largest trading firms in the world, and the Toho Industries Ltd., the largest EPS molding company in Japan.

In May of 1992, the Ningbo He-Qiao Chemical Industrial Company was founded and production began in October, 1993. The Ningbo factory was Loyal's first overseas project and the first endeavor with foreign investors. Both have turned out to be a great success. Mitsubishi and Toho have found Loyal to be a reliable partner in the He-Qiao factory.


Setup time: 1990/05/22
Address:Ningbo Economic and Technic Development C1 Zone, Jia Jiang Province, PRC.
Product: Expandable Polystyrene
Capacity: 180,000 MT/year


Tianjin Soda Plant
http://tjsoda.en.alibaba.com/aboutus.html

Founded in 1917, Tianjin Soda Plant is the first large-scale soda manufacturer in East Asia. It is located in Tanggu District, Tianjin City, where is only 5 kilometers away from Tianjin Port.


天津エチレン計画

1)Sinopec計画  1million tonne/year ethylene project

The Project Proposal have been sent to the NDRC of China, and Sinopec is waiting for the approval of NDRC. The proposed project will cost the total investment of USD 2.48 billion (RMB 20.1 billion) and it is expected to start up in 2008.

2) Dow Chemical   見送り?

3) The consortium of ChemChina, SK Group and UAB Oil Company.


Platts 2005/8/26

China's Liaoyang to start PX line in Nov, capacity up to 650kt/yr
   遼陽石油化学( PetroChina group)

China's Liaoyang Petrochemical Co will commission a
new 350,000 mt/yr paraxylene line by October or November this year, a company source said Friday. This would boost its total PX capacity to 650,000 mt/yr.
Plans have also been drawn up to start up another
530,000 mt/yr PTA line this year, although further details were unclear. The company's downstream production capacity at its site in Liaoning遼寧省, northeastern China, include 270,000 mt/yr of purified terephthalic acid, 100,000 mt/yr of monoethylene glycol and 300,000 mt/yr of polyethylene terephthalate. Liaoyang Petrochemical comes under the umbrella of PetroChina and represents the biggest fiber production base in North China.


2007/4/19 China Chemical Reporter

Liaoyang Petrochemical Completes PTA Expansion

On April 12th, 2007 CNPC Liaoyang Petrochemical Co., Ltd. (Liaoyang Petrochemical) completed its 530 000 t/a purified terephthalic acid (PTA) expansion project in Liaoyang, Liaoning province. Up to now, the total PTA capacity of the company therefore reached 800 000 t/a. On September 10th, 2004 construction on the 530 000 t/a PTA expansion project was started, when the company owned a 270 000 t/a PTA production unit. This expansion project was originally planned to be put on stream in December 2006. 


December 23, 2003 UOP

PetroChina Liaoyang Petrochemical Company to Add Additional Para-xylene Capacity Using UOP Technology
http://www.uop.com/pr/releases/PR.LIAOHUA.final.pdf

UOP LLC has been selected by PetroChina Liaoyang Petrochemical Company (LIAOHUA) of Liaoyang, Liaoning, China to supply technology, basic engineering services, and equipment for a second para-xylene train for their facility in Liaoyang, Liaoning, China. The new plant is planned to start up in 2006 and produce 350 KMTA of para-xylene.


Asia Chemical Weekly 2005/10/12

Liaoyang Petrochemical started up 450kt PX project

On 28 Sep., Liaoyang Petrochemical Company, a subsidiary of PetroChina, started up the
450 kt/a PX project in Liaoyang, Liaoning Province. And the commercial production was expected to start on November 2005.

The total investment for the PX project is about USD 110 million (RMB 900 million). Part of the feedstock for the PX project would be sourced from Liaoyang Petrochemical refinery, and the rest would be sourced from other PetroChina subsidiaries in northeast China.

It would provide feedstock for the constructing PTA project, which has the capacity of
530 kt/a. According to the plans of the company, the constructing PTA project would come onstream in the mid of 2006.

Currently, Liaoyang Petrochemical has the capacity of
PX 250 kt/a and PTA 270 kt/a, after the completion of new projects, the total capacities of PX and PTA would reach 700kt/a and 800 kt/a respectively.

China imported 1.02 Mt PX in 2003 and 1.14 Mt PX in 2004. The imports of PX would be increased in the coming years as the rapid addition of PTA capacities in China.


日本経済新聞 2005/8/29

中国製薬大手に外資出資 対未上場企業で過去最大規模

 中国の製薬大手、哈薬集団は外資系投資会社の出資を受け入れた。従来は政府の全額出資だったが、米系のウォーバーグ・ビンカス
(Warburg PincusWP)と香港に本社を置く中国系の中信資本(CITICキャピタル)が計45%の株式を取得した。


中国国際信託投資公司(CITIC)グループ
1979年に設立された中国最大級の金融コングロマリットで、商業銀行業務(CITIC Industrial Bank、CITIC Ka Wah Bank)、投資銀行、アセットマネジメント業務(CITIC Capital)、証券ブローカレッジ業務(CITIC Securities)や信託業務(CITIC Trust)等を経営している。同グループは、多国籍企業との間でこれまでに300を超える合弁事業を営んできている。

三菱化学の中国PTA計画JV相手

中信資本 CITIC Capital Markets Holding Limited
北京の中国国際信託投資公司、香港のCITIC Pacific、香港のCITIC International Financial Holding Limited を株主とするCITIC Capital Markets Holding Limitedは、CITICグループの世界水準の金融専門知識や広範なネットワークを活用し、投資銀行、アセットマネジメントや証券ブローカレッジ業務を展開している。CITIC Capitalは、香港、上海、東京に拠点を有している。


黒竜江省経済月報(200412月)
http://www.shengyang.cn.emb-japan.go.jp/jp/e-kokuryu0412.htm

 ハルン市国資委、哈薬集団(ハルビン製薬集団)と中信資本投資公司、米国華平投資集団、黒龍江辰能哈工大高科技風険投資有限公司の投資方3社は14日、哈薬集団に対する20.35億元の増資契約に調印した。増資後、哈薬集団の総資産は105億元になり、ハルビン市国資委が45の株を所有。また、中信22.5%、華平22.5%、辰能10の株式を所有する。哈薬集団はハルビンを代表する大型企業グループで、上場株式会社2社、全額出資の子会社24社を抱える。全国の化学工業医薬品業界139社を対象にした今年1〜9月のデータによると、販売収入で第2位、利潤で第3位を記録。同集団は近年、国内外市場の激烈な競争、同業界の資本再編の波、海外の医薬品産業の中国市場参入などに直面し、02年より増資を模索していた。


Business Day(Thailand)  2004/12/21

Warburg Pincus buys stake in drugmaker
http://www.biz-day.com/read/bank_and_finance/21_dec_04/eud23-a/warburg_pincus_buys_stake_drugmaker.htm

Warburg Pincus, Citic Capital Markets Holdings and a Chinese venture capital company agreed to pay 2.04 billion yuan (US$246 million) for 55 percent of Harbin Pharmaceutical Group Holding to help the drugmaker restructure and cut its ties with failed Southern Securities.
The world's second-biggest buyout fund and Citic Capital will take 22.5 percent stakes, while Heilongjiang Chenergy HiT High-tech Venture Capital will buy 10 percent, according to a statement filed with the Shanghai Stock Exchange. The Harbin city government will remain the largest shareholder with 45 percent.
The drugmaker, also known as Hayao Group, will use the funds to help buy back all shares it doesn't own in Shanghai-listed unit Harbin Pharmaceutical Group. That includes a 60.9 percent stake illegally held by Shenzhen-based Southern Securities, which was taken over by the government in January for illegal and irregular operations, and disorderly management.


China Chemical Reporter 2005/8/30

15 000 T/A MIBK Project Put on Stream in Jilin

The 15 000 t/a methyl isobutyl ketone (MIBK) was completed in Jilin Chemical Group Fine Chemicals Co., Ltd. and put on stream recently, which is the largest production line in China now, adopting the independent intellectual property right technology owned by CNPC Jilin Chemical Group.

The total current capacity of MIBK in China is approximately 2 500 t/a, but most of the units have features of small production scale, unripe process, high production cost and more energy consumption in general. The domestic demand of MIBK is increasing rapidly in recent years, the import quantity of MIBK in 2001, 2002, 2003, 2004 was 17 000 tons, 21 000 tons, 32 100 tons, 36 900 tons, separately.


Jilin Chemical Group Fine Chemical Co., Ltd.   http://www.jhhxp.com/intro-e.htm

Jilin Chemical Group Fine Chemical Co., Ltd. is affiliated with the CNPC Jilin Chemical group. We are a medium scale, hi-tech research & production chemical enterprise.

We were founded in 1959 as the Jilin Chemical group research institute. This research and development center has now become one of 8 national scientific research units. Our research unit has made 460 scientific breakthroughs, 110 of these items have helped to fill a need in the chemical industry, 11 of these are patented, and 51 have received national and provincial awards.

Our products include isobutene, low and medium molecular weight polyisobutylene, vanillin, antioxidants, aniline catalysts, phosphorous products, and plasticizer DHAs. We have also built 2,000 tons/year EBS equipment, 200 tons/year ethyl vanillin equipment using the acetaldehyde acid method of synthesis, 2,000 tons/year vanillin equipment by acetaldehyde acid method synthetization, 10,000 tons/year isobutene equipment, 3,000 tons/year polyisobutylene and 15,000 tons/year MIBK equipment. We have become the largest fine chemicals manufacturing base in China. At the end of 2002, we will become the fine chemical centre of CNPC technology. These will further our development.

* vanillin:ラン科バニラの果実に含まれる香気成分。アイスクリームなど食品香料として用途は極めて広い。

 


日本経済新聞 2005/9/8

伊藤忠 中国で総合商社認可 国内外での投資 自由に

 伊藤忠商事は中国政府から国内販売と輸出入、国内外への投資活動が自由にできる総合商社としての認可を取得した。日本の商社では初めて。

 認可は全額出資の中国統括会社、伊藤忠(中国)集団が取得した。昨年12月の外資規制緩和で認められた「地域本部」と呼ぶ認可で、取扱品目に制限はなく、卸・小売りまでの国内販売、輸出入が可能になる。中国国外への投資活動も認められ、中国企業と共同で海外事業を進めやすくなる。
 地域本部として認可されるには、資本金1億ドルで3千万ドル以上の投資残高があることが条件。このため、統括会社の資本金を3600万ドルから1億ドルに増やした。
 日本の総合商社では
双日が8月に「商業企業」と呼ぶ認可を取得。国内販売、輸出入を自由にできる新会社を上海に設立するが、この認可は投資活動に関しては上限が純資産の2分の1までで、中国国外への投資はできない。

1993年9月 大手商社初の傘型企業 伊藤忠(中国)集団有限公司を設立


 地域本部(中国語は「地区総部」)とは、2004年2月、中国商務部が定める「外資系企業の投資による投資性公司の設立経営に関する規定」(商務部令2004年第2号、2004/11/23改定)に新たに追加された資格です。
 持株会社の中でも条件(※注)をクリアし、地域本部の認定を受けた企業のみ、中国での輸入・販売・サービス・物流・財務面での規制が緩和されます。特に、これまで中国国内では、中国で生産した商品しか販売活動が認められていませんでしたが、地域本部の認定取得により、海外から自社製品の輸入・販売をダイレクトに行うことが可能となります。

(※注)
1. 払込済み登録資本金が1億米ドル以上、もしくは払込済み登録資本金5,000万米ドル以上
かつ申請前1年間の総資産が30億人民元以上、総利益額が1億人民元以上。
2. 登録資本金のうち、最低3,000万米ドルが中国国内の傘下企業に投資されていること。
3. 既に研究開発センターを設立(当初は2つ以上)

 地域本部の認定取得により許可される主な業務は下記の通り。
 (1) 輸入権及び中国国内販売権
 (2) 親会社製品のアフターサービス、およびアフターサービスに要する補修部品の輸入
 (3) 地域本部の傘下企業に関する財務支援業務の提供
 (4) 物流配送業務
 (5) 国内外企業のアウトソーシング業務の受託 等


2005.9.1 双日株式会社

双日、中国で貿易業務と国内販売を行う「双日(上海)商業有限公司」の設立許可を総合商社で初めて取得
http://www.sojitz.com/pdf/2005/20050901n.pdf

 双日株式会社は、中国における持ち株会社(投資性公司)である「双日(中国)有限公司(本店:北京、代表者:大田義実)」が全額出資する「双日(上海)商業有限公司(双日商業企業)」の設立を大手企業で最初に申請していましたが、中国政府商務部より申請通りの内容にて設立許可を取得いたしました。
 双日は、中国政府が貿易と国内市場の開放を進める中で2004年に「外商投資商業領域管理弁法」が制定されてから外資全額出資による貿易権・国内販売権を持つ商業企業の設立が認められることに合わせて昨年末に設立を申請していましたが、本件は、
総合商社型商業企業許可取得の第一号となります。双日商業企業の設立は10月中を予定しています。
 双日商業企業は、
中国での輸出入貿易権、国内販売権および総合商社としての幅広い取り扱い品目を活かして、双日が強みを持つ中国産品や製品等の海外への輸出を行うと同時に、成長・拡大を続けている中国市場に必要な資源、食料品、製品等の輸入を行います。そのために双日は、中国における現在の地域別の管理体制から営業部門別に移行し、石炭などのエネルギー資源、機械、自動車、化学品、繊維、食料、木材等の各領域で事業を拡大し、中国市場において川上から川下に至る分野での業容拡大を図って参ります。
 双日は、許可取得によって経営の自由度が大幅に高まることを受け、中国国内での流通販売を通して地場に密着した取引を積極的に展開して参ります。

<双日(上海)商業有限公司>
□代表者 : 大田 義実 (予定)
□資本金 : 100万ドル(双日(中国)有限公司が100%出資)
□本店 : 上海
□支店(予定) : 北京、大連、天津、青島


日本経済新聞 2005/9/18

三井物産 中国で3社同時認可、輸出入や販売自由に

 三井物産は中国政府から輸出入や国内販売が自由にできる商社3社の設立認可を同時取得した。外資企業に対する規制緩和を進めている中国政府の新しい制度を利用、事業拡大につなげる。日本の総合商社の中ではすでに
双日伊藤忠商事が同様の認可を受けているが、三井物産は3社同時に設立が認められた。
 設立認可を受けたのは「三井物産(中国)貿易」(資本金3千万ドル)、「三井物産(広東)貿易」(同240万ドル)、「三井繊維物資貿易(中国)」」(同3600万元、1元=約13.5円)の3社。いずれも「
商業企業」として認可された。三井物産(広東)は広州市に、残り2社は北京市に本杜を置く。

*伊藤忠:地域本部(投資活動も可能)
 
双日、三井物産:商業企業(投資に制限あり)