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U.S. majors are studying big petrochemical projects in China.(OGJ Newsletter)(Brief Article)

The Oil and Gas Journal

| October 20, 1997 | COPYRIGHT 2003 PennWell Publishing Corp. (Hide copyright information)Copyright

U.S. majors are studying big petrochemical projects in China, where demand for petrochemical products is expected to continue soaring.

Phillips has three under way. Together with Lanzhou Chemical, it is conducting a feasibility study for a 1.3 billion lb/year ethylene cracker in Lanzhou. The complex, to be owned 50-50, would include polymer production facilities.

In Jinshanwei, Phillips and Shanghai Petrochemical are considering a joint venture to build a 100 million …

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