Sinopec Sichuan Vinyl Works and Linde Build Gas Plant in Chongqing
Year:2009 ISSUE:12
COLUMN:NEW SETUP, AGREEMENT & PLAN
Click:231    DateTime:Apr.27,2009
Sinopec Sichuan Vinyl Works and Linde Build Gas Plant in Chongqing     

On April 3rd, 2009 Sinopec Sichuan Vinylon Works announced it has signed a contract with Linde Group to jointly build gas plant and produce industrial gases for the long-term supply to Sinopec its chemical complex. This collaboration will result in an initial investment of approximately Euro 50 million.
   This partnership will establish a 50:50 joint venture between Sinopec Sichuan Vinylon and Linde Gas (Hong Kong) Limited in Chongqing Chemical Industrial Park (CCIP) by June 2009.
   Sinopec Sichuan Vinylon in Chongqing engages in producing natural gas-based chemicals and chemical fibers, and is currently expanding its vinyl acetate monomer (VAM) production capabilities. (CCR2009 No.2)
   In the first phase of development under this partnership, a new air separation unit (ASU) with a capacity of 1 500 tons per day of oxygen will be constructed to produce and supply gases by 2011 to Sinopec Sichuan Vinyl's new 300 000 t/a VAM plant. This ASU will be built and delivered by Linde's Engineering Division. In the long-term, the joint venture is intended to expand the capacities of air gases and also construct synthetic gas (HyCO) plants to meet the overall gases demand by Sinopec Sichuan Vinyl and its associated companies.
   Sinopec Sichuan Vinyl, whose 100% stake is held by Sinopec Group, has the largest natural gas-based chemical complex in China now. Its products include VAM, methanol, polyvinyl alcohol (PVA) and ammonium.