Sinopec to start huge ethylene project in Zhenhai

Sinopec plans to start a 1-million-ton-per-year ethylene complex in Zhejiang province by the end of the first quarter of 2010 at the earliest, industry sources said yesterday.

The project is located in Zhenhai in the city limits of Ningbo. It is linked with a refinery in Zhenhai, now the biggest one under Sinopec's ownership.

Sinopec, Asia's largest refiner, aims to eventually double the capacity of Zhenhai ethylene complex to 2 million tons per year, making it one of the world's biggest, Reuters reported yesterday.