Paris - French Group Air Liquide announced 17 April that it has started a long- term project to supply industrial gases to Sinopec Tianjin Petroleum and Chemical Corp. (TPCC), in Tianjin. Part of the activities that the gases will support is a 70 kilotonnes-per-annum plant to make polyether polyols.
Tianjin, situated 120 km southeast of Beijing, has more than 10 million people, and is one of the most dynamic cities in China. It is becoming the third national economic development centre, after Guangdong and Shanghai, according to the French group.
Air Liquide created a 50/50 joint venture earlier this year with TPCC in Dagang, Tianjin (Air Liquide TPCC), which has just taken over the Air Separation Units (ASU) as well as the associated teams of the existing TPCC facility, said the group.
It is also building a new 1000 tonnes/day ASU for a new TPCC refinery and ethylene cracker. The total investment in the joint venture is about €45 million ($75 million).
TPCC is part of Sinopec, operating in Dagang, with around 10 000 people and more than Rmb 20 000 million ($2850 million) in sales. The 5000 ktpa TPPC refinery can make 200 ktpa ethylene and 200 ktpa of fibres as well as the 70 ktpa of polyols, according to Air Liquide.
On the same site, Sinopec is also developing a new project with a total investment of Rmb 20 100 million, which includes a refinery of 10000 ktpa and an ethylene cracker of 1000 ktpa, with start-up expected by the end of 2009.