Second Phase of Oriental Energy’s Propane Resources Comprehensive Utilization Project Started
Year:2017 ISSUE:21
COLUMN:ECONOMY AND BUSINESS
Click:306    DateTime:Nov.30,2017
Second Phase of Oriental Energy’s Propane Resources Comprehensive Utilization Project Started

The kickoff ceremony of the 2nd phase of a comprehensive propane resources utilization project was held by Oriental Energy on October 12.
Oriental Energy will invest RMB6.5 billion on this 2nd phase to build a 660 000 t/a PDH unit, two 400 000 t/a PP units and other supporting facilities, and the project will be put into operation in 2020, when Daxie will become one of the major PP production bases in China.
Relying on the unique advantages of the port and warehousing in Daxie and accumulated international alkane trade resources, Oriental Energy is building a green, low-carbon and high-efficiency propane-propylene-polypropylene industrial chain and will also build a 2 million m3 propane underground project, two sets of 400 000 t/a polypropylene units, and supporting warehouses and terminals. The total investment will reach RMB20 billion.