Related Keywords: ethylene, Naphtha cracker, propylene, Taiwanese government
A group led by Taiwan's USI Corp. is planning to build naphtha crackers at a petrochemical complex partly owned by China Petrochemical Corp. in the Gulei Petrochemical Zone in Zhangzhou city, located in China's eastern Fujian province for which Taiwan's government on Monday gave its approval
The naphtha crackers at a petrochemical complex in China will be build with an investment of US$263.6 million. The crackers are expected to produce ethylene and propylene. This is the first approval since lifting a ban on investments in China's downstream petrochemical industry in early October.
