2005/9/18 Asia Chemical Weekly      訳&解説

Investors planned CTO projects in China

Currently, the historic high oil prices add much cost to the petrochemical producers. In China, some investors, particularly those holds the coal resources, have planned a few Coal-to-Olefins (CTO) projects.

On August, Shenhua Group (神華集団) - the largest coal producer in China- received preliminary nod from government for its coal-to-olefins project, which will be located at Baotou (包頭), Inner Mongolia. And Shenhua is waiting the finally approval for the project.
The proposed CTO project includes:

1.8 million tonne coal-based methanol
600,000 tonne methanol-to-olefins
100MW thermal power station
300,000 tonne of PE
310,000 tonne of PP
94,000 tonne of butane
37,000 tonne of heavy alkanes
19,000 tonne of sulfur and
14,000 tonne of ethane and propane
224,000 cbm/hour (oxygen)air separation

Earlier, Shenhua has signed an agreement with Dow Chemical in December 2004 to initiate jointly a feasibility study for a CTO project in Yulin (楡林), Shaanxi Province (陝西省).

Besides the above projects, recently,
India's Gail has also signed a memorandum of understanding (MoU) with Shaanxi Huashan Chemical Industry (陝西華山化工) to build a coal-to-methanol-to-petrochemicals facility in Shaanxi province. Two investors will conduct a joint feasibility study on the production of polyolefins and other products.

Both Shaanxi and Inner Mongolia are the coal rich areas in China.

2007/6/6 Dow

Dow Technology Licensing Wins UNIPOL PP Technology Contract in China
Shenhua Baotou Coal Chemicals to Build 300KTA Polypropylene Plant

Dow Technology Licensing (DTL), a business unit of The Dow Chemical Company and its consolidated affiliates (Dow), today announced that Shenhua Baotou Coal Chemicals Company, a leader among Chinese manufacturers pioneering the coal-based production of chemicals and plastics, has selected UNIPOL? PP Technology from Dow for a new 300 KTA polypropylene (PP) facility. The plant will be constructed within the Shenhua Baotou Coal-to-Olefin complex in Inner Mongolia Autonomous Region, The People
s Republic of China, and is expected to come on line in 2010. Aker Kvaerner, an engineering and construction firm that has collaborated with DTL on numerous UNIPOL? PP Technology lines around the world, will prepare the basic engineering design and provide technical advisory services.

2005/11/4 Asia Chemical Weekly

Shenhua kicks off the construction for CTO project in Baotou

On 28 Oct., Shenhua Group started the construction for the
Coal-to-Olefins (CTO) project in Baotou( (包頭), Inner Mongalia.

Total investment for this integrated CTO project is USD 1.53 billion (RMB 12.4 billion). Besides Shenhua, there are two other partners
- Hongkong based Kerry Group and Shanghai-listed Baotou Tomorrow Technology Co (包頭明天科技), and Shenhua is the dominant shareholder for the project.
The key technology for the project comes from UOP. This CTO project would consume 4.73 million tonne coal per year, wherein 3.45 million tonne coal for feedstock and 1.28 tonne coal for fuel.



 本年8月、中国国有石炭最大手の神華集団が政府から内蒙古自治区の包頭でのCoal-to-Olefins (CTO)計画の一次認可を受け、最終認可を待っている。計画は石炭からメタノールを生産し、メタノールからオレフィンを生産するもので、能力は以下の通り。
   火力発電  100MW
   石炭ベースのメタノール 180万トン
   メタノールからのオレフィン 60万トン
   PE 30万トン
   PP 31万トン
   ブタン 94千トン ほか




Gail(Gas Authority of India Ltd )は最近、陝西華山化工との間で陝西省で石炭ーメタノールー石油化学の設備を建設する覚書を締結した。今後ポリオレフィン等の生産のFSを実施する。

Coal Research Institute の北京支部と寧夏回族自治区の国営寧夏石炭集団が共同で寧夏石炭集団・石炭化学リサーチセンターを設立した。288億人民元を投じて南アのサソール社の石炭間接液化技術で石炭液化を行う計画で、320万トンの石油製品を生産する。現在FSの実施中で、2008年に建設を開始し、2011年までにスタートさせる構想。

 本年4月にはFoster Wheeler がサソール社及び中国側パートナー(陝西省の神華石炭液化社と寧夏回族自治区のLuneng Energy and High Chemistry Investment Group)との間で、 陝西省と寧夏回族自治区で夫々、日量8万バレルのCoal-to-Liquids (CTL)設備建設の


China Coal Research Institute http://www.cari.com.cn/en/units.htm

It was founded in 1957 and is a unique and comprehensive research and developing organization in the coal industry of our country. With over 40 years' development, it has become the national coal science and technology research center with complete courses and categories, serialized professional settings, excellent scientific research stuffs, self-contained scientific research facilities. Till the end of 1999 the whole institute has 5586 in-service employees including 3765 specialized technical personnels which constituting 67.4% of the total, 3 academicians of China Engineering Institute, 1 consultant of the state council and 1477 personnels having senior title of professional post. The Coal Research Institute has ever been directly under the domination of the former Coal Industry Ministry, Fuel Chemistry Industry Ministry, China Unified Distribution Coal Mine Corporation and the National Coal Industry Bureau successively. On July 1, 1999, the Coal Research Institute was restructured into a large-scaled science and technology enterprise directly under the central government and become one of large-scaled state backbone enterprises under the industrial committee of central government according to No. 18[1999], No.143[1999] and No.38[1999] files promulgated by the general office of the State Council.
Now the Coal Research Institute has 15 branch institutes spreading in 11 medium/large cities of our country and its head office is in Beijing. 7 national inspecting quality centers, 6 quality inspecting centers of ministry class and 1# national metering station of mine safety are set in the institute. And the state research center for coal mine safe technology and engineering, the state research center for water, coal and slurry engineering and technology and the research center of coal industry for clean coal engineering and technology are also set in the Institute.
The China Coal Research Institute mainly engages in the research of major technology problems and coal basic science in production and construction of coal industry, including technology development and extending which is relative to coal production such as coalfield geoexploration and mine surveying, mine construction, coal exploitation, excavating mechanization and coal mine automation, coal mine safety, explosive technology and so on, also including clean coal technology research and extending such as coal preparation, section coal process, coal transportation by pipeline, coal liquefaction and gasification, water, coal and slurry, coal mine environment protection. It also engages in research and development, science and technology service and project task of special construction technique and equipment of underground construction such as coal mine, tunnel, building's foundation, city underground and so on.
The China Coal Research Institute is the main unit of the industry and state for taking key project in science and technology and also of the industry for technology progress. For 40 years the Institute has obtained over 4000 scientific and research achievements and has established the complete systematic technology. Among these achievements, there are 5 invention awards by state, 700 awards for science and technology progress by province, ministry and state and 500 items of various patents. In the period of "The Eighth Plan of Five Years" and "The Ninth Plan of Five Years", the Coal Research Institute undertook 74% of key items of coal industry of the states. These achievements, which have been widely used in the coal industry, have mades great change in the technology situation, and put forward the technical progress and industrial upgrade, and supported the important technical reform in each development period of the coal industry.
After the reform of scientific and technological system, the Institute marches into the market with sustainable growth of economic benefit. At the end of 1999, the Institute had total assets 14.4 hundred million yuan and gross income 5.12 hundred million yuan.
In recent years in the achievement order of 4871 natural science research agencies all over the country which publicized by the State Science and Technology Ministry. The China Coal Research Institute keeps ahead of 300 industrial research units for compositive strength and operation performance.

September 5, 2005  Sarkaritel.com News and Features-Corporate News

GAIL Ventures Into Coal Gasification In China

GAIL (India) Limited is set to venture into the coal gasification activities in China. The company plans to invest in Coal - to Methanol - to Petrochemical plant in the Shaanxi province.

During his recent visit to China, Shri Proshanto Banerjee, Chairman and Managing Director, GAIL along with the GAIL team has agreed to enter into a Memorandum of Understanding with Shaanxi Huashan Chemical Industry group.

The two companies will subsequently consider setting up of a joint venture for implementation of the proposed project and to set up distribution and marketing network in China. Shaanxi Chemical is already operating a fertilizer plant based on old coal gasification technology and is willing to adopt the modern Shell coal gasification technology to upgrade their plant. It may be mentioned that the Shaanxi province is endowed with large deposits of coal as well as oil and gas reserves.

GAIL will be using domestic coal to produce synthesis gas or syngasby using Shell Coal Gasification Process (SCGP), which will used for the first time in India. SCGP has an inherent capacity of handling high ash content and hence is suitable for Indian coals.

China Chemical Reporter 2005/9/21

CCP Builds PBT Resin Project in Zhangzhou
 台湾長春グループ 福建省章州

Recently the positive ion coordination PBT (polybutylene terephthalate) project, located at Longchi Development Zone, Zhangzhou city, Fujian province, southeastern China, invested by China Taiwanese Chang Chun Group (CCP) started construction in Chang Chun Chemical (Zhangzhou) Co., Ltd.

The new facility will mainly manufacture phenolic plastics and PBT resin and is scheduled to come on stream by the end of 2005 with a capacity of 200 t/d. The PBT resin the new facility will produce is main raw materials for PBT engineering plastics with the features of heat-resistant, solvent-resistant, high dielectric strength, easy to mould, and is widely applied in electronics, automobile sectors.


China Chemical Reporter 2005/9/22

10 000 t/a Furfuryl Alcohol Project Puts on Stream

On September 13, the 10 000 t/a furfuryl alcohol (フルフリールアルコール) project completed by Shandong Zhangdian Dongfang Chemical Stock Co., Ltd. put on stream, with an investment of RMB30 million.
Adopting the intermittent process and using new catalyst which is applying the state patent, the yield of products reaches 98%, the production cost is reduced by 30%, and the furfuryl alcohol content is more than 99% while furfuraldehyde residue is lower than 0.3%. Besides, no pollution is discharged, and the used catalyst can be recovered and reused, cutting down the cost as well as protecting environment. After the completion of 10 000 t/a furfuryl alcohol project, the sales revenue and net profit in this company can be added by RMB80 million and RMB4 million per year respectively.

Zhangdian Dongfang Chemical Factory, founded in 1984, specializes in homopolymerization , copolymerization, and modification of acrylamide. Our company was converted into a joint stock company in 1993. The company also includes two factories and a scientific institute.

 「人民網日本語版」 2005年9月26日




日本経済新聞 2005/10/7

中国国有石油2社 エクアドル油田も買収 調達安定化を狙う



時期 中国石油会社 買収、出資先
4月 CNOOC 加MEGエナジーの株式取得
8月 CNOOC 米ユノカル買収を断念
CNPC 加ペトロカザフスタン買収を決定
9月 CNPCなど 加社からエクアドル油田権益買収決定
検討中 CNOOC 豪ウッドサイド買収を検討
シノペック 加ハスキー・エナジー買収目指す

Platts 2005/10/11

China's Donghao commissions SM plant, commercial sales from H2 Oct 江蘇省常州

China's Donghao Chemical 東昊 is in the process of commissioning its 150,000 mt/yr styrene monomer plant in Changzhou(常州), and hopes to start commercial sales in late October, a source close to the firm said Tuesday.

Donghao plans to sell all its styrene in the merchant market.

China's Do How Chemical is in the process of commissioning its styrene monomer plant in Cangzhou (滄州)

2.  Changzhou Donghao Chemical is located in Changzhou, Jiangsu Province. Changzhou is neighboured to Jiangyin City江陰, these areas are the famous packaging base in China, even the worldwide. The demands for EPS is huge.

2007/6  能力200千トン
Ewing Management buys China's SM maker Donghao Chemical


Do How Chemical owns a 210,000 mt/year SM plant at Changzhou. That plant is currently being expanded with the addition of a new 200,000 mt/year line. Construction is scheduled for completion by the end of 2008.

Platts 2006/4/10

China's construction sector will absorb new SM capacity: Do How

Poor styrene monomer cash margins have not deterred China's Do How Chemical (Donghao) from a planned expansion of its plant in Changzhou as the firm expected the construction sector in China's northern provinces to absorb its additional output, a company source said Monday. Do How will take down its SM plant later this month for debottlenecking. Sources close to the firm gave varied accounts of the plant's proposed new capacity, ranging
between 180,000 mt/year to 216,000 mt/year.
The plant currently has the capacity to produce
150,000 mt/year, but has rarely operated beyond 80% of its capacity since it started commercial production in December 2005.

Asia Chemical weekly 2003/3/17

Changzhou Donghao plans to up styrene

Changzhou Donghao Chemical plans to double its styrene output to 300 000 tonne/ year in Changzhou, Jiangsu, China, at end- 2004 or early 2005, said a company official.
The company plans to start up a 150 000 tonne/year facility in December 2003 or January 2004. The extra 150,000 tonne/year capacity would start up in the second phase.

The plant, which will use local technology, is to be built in Changzhou Yangtze Riverside Chemical Park, in Changzhou New District.
The Rmb300m (US$36.24m) 150,000 tonne/year project is a 50:50 joint venture between Donghao and China Railway United Materials (Hong Kong). Seventy percent of the feedstock would be imported.

Part of the styrene output will be used to feed a nearby expandable PS (EPS) facility, which is due to come onstream in July. Owned by local company Chengda Chemical, the 60 000 tonne/year plant is expected to be expanded to 120 000 tonne/ year in 2004.

Donghao also produces EPS - 165 000 tonne/year in Jiangying, Jiangsu.

The company plans to add a new 190 000 tonne/year EPS line, which is slated to start production in November this year. The new line will raise the company's total EPS production to 355 000 tonne/year.

The official said the company expects China's imports of styrene to soar to more than 2.5m tonne this year, up from 1.8m tonne last year. Jiangsu province accounted for about 1m tonne of the imports last year.

Hong Kong-listed company Kingboard Chemical Holdings is also planning to produce phenol, acetone and methanol in the park.

China Chemical Reporter, February, 2003

China Railway United and Changzhou Donghao launch styrene project.

China Railway United Materials (Hong Kong) Co., Ltd. and Changzhou Donghao Chemical Trade Co., Ltd. have recently signed an agreement on the joint construction of a styrene project in Xinbei District of Changzhou, Jiangsu Province. It is another demonstrative project in Binjiang Chemical Industry Zone, Changzhou City after the project funded by Hong Kong Kingboard Chemical Industrial Group.

2005/10/13 日本経済新聞夕刊

サハリン3の一部権益取得 シノペック


The Moscow Times  March 30, 2007

Rosneft Takes Lead in Sinopec Deal at Sakhalin

Rosneft has taken majority control of a large offshore field near Sakhalin Island through a deal signed with China's Sinopec, Rosneft announced Thursday.

Rosneft and Sinopec, China's No. 2 oil major, are jointly developing the
Veninsky oil project, a part of the Sakhalin-3 block, through Venin Holding.
A subsidiary of state-controlled
Rosneft will hold 74.9 percent in the holding company, after buying 25.1 percent of shares from the Sakhalin Oil Company, controlled by the regional government.
Sinopec maintained its holding at 25.1 percent in the deal signed Monday, Rosneft said in a statement.

Venin Holding, in turn, is the sole shareholder in Venineft, which owns the license to develop Veninsky and operates the project, the statement said.
Division of the project's expenditure is flipped, with Rosneft providing 25 percent of funding and Sinopec 75 percent. Nearly $70 million has been invested in the field so far.
The deal was signed on the first day of Chinese President Hu Jintao's three-day trip to Russia.
President Vladimir Putin has said Rosneft and Gazprom would retain majority control over all offshore projects. The projects on Sakhalin, in the Far East, are being developed mainly to feed energy-hungry markets in Asia.
Sakhalin-3's Veninsky block is estimated to hold nearly 170 million tons of oil and 258 billion cubic meters of gas. Rosneft was awarded the Venineft license in 2003, and signed a preliminary deal with Sinopec to develop the fields in August 2005.
Sakhalin-3 comprises four blocks, and Veninsky is the only one to have been licensed.
Deputy Natural Resources Minister Alexei Varlamov said last month that the rest of the licenses would be awarded through auctions by the end of the year.

July 04, 2005 Kommersant

Rosneft Opens Sakhalin to the Chinese
Sinopec to take part is development of Venin block
International Cooperation

Rosneft signed an agreement with the Chinese Sinopec petrochemical company on Friday on the joint development of the Venin block oil and gas field in the Sakhalin 3 project. Gazprom had also declared its interest in working with Rosneft but had made no concrete proposals. A partnership with Sinopec is likely to mean that Rosneft will keep a share in the Venin block under any circumstances.
On Friday, in the course of Russian-Chinese negotiations, Roneft signed a framework agreement on collaboration with CNPC, the Chinese national oil and gas company, and a protocol on the foundation of a joint venture for geological exploration and study of the Venin block field of the Sakhalin 3 project with the Chinese oil and gas company Sinopec.

The oil resources in the Venin block are preliminarily estimated at 114 million metric tons ad gas at 315 billion cubic meters. Rosneft received a license for geological study of the block in April 2003. It is assumed that the operator of the project will be a specially founded OOO Veninneft. There are three other blocks besides Venin in the Sakhalin 3 shelf project. They are the Eastern Odopinsky, Ayashsky and Southern Kirinsky, licenses for which are held in an indivisible fund.

China Chemical Reporter 2005/10/3

800 000 T/A Alumina Expansion Project Starts Production in Shanxi

The 800 000 t/a alumina expansion project in Shanxi Branch China Aluminum Co., Ltd. and the 280 000 t/a electrolytic aluminum and 2300MW power generation project in Shanxi Huaze Aluminum Power Co., Ltd. were completed and put on stream in Shanxi Hejin 河津on Sept. 25.

When the existing capacity of 1.4 million t/a alumina in Shanxi Branch China Aluminum Co., Ltd. is added, Shanxi Hejin will have a capacity of
2.2 million t/a alumina, 280 000 t/a electrolytic aluminum and 160 000 t/a carbon and a 600MW power station. It will become the largest aluminum industry base in China with a large integrated production chain of alumina and electrolytic aluminum.

China Chemical Reporter 2005/10/14

SAWS and Dow Chemical Join Forces to Advance the Safe Management of Chemicals

On October 13, 2005, the State Administration of Work Safety (SAWS) and the Dow Chemical Company (Dow) signed a Letter of Intent for a joint, national demonstration project on the safe management of hazardous chemicals.

The 3-year project is aimed at fostering and promoting a better understanding and awareness among small- and medium-sized enterprises (SMEs) from various industries nationwide on the importance of chemical safety management. SMEs will be selected from the sectors of manufacturing, storage, transportation and use of hazardous chemicals across China. Demonstrations will be conducted jointly by SAWS and Dow to introduce best practices regarding the safe management of hazardous chemicals. In addition, auditing will also be carried out to gauge performance.

To support the project and as part of its on-going commitment to supporting sustainable development in China, Dow will contribute a total of RMB6 million in the next three years. The Chinese Association of Technical Chemical Safety & Hygiene will be responsible for the fund management. The National Registration Center for Chemicals of SAWS will be responsible for the day to day management and execution of the project which runs from January 2006 to December 2008.

China Chemical Reporter 2005/10/18

500 000 T/A Ammonia Project of Yankuang Group Launched in Guizhou

A ceremony for launching the 500 000 t/a ammonia project of Yankuang Group located was held in Kaiyang, Guizhou province(貴州省開陽) on Sept. 28.

The 500 000 t/a ammonia project has a total investment of RMB2.0 billion. It is jointly funded by
Yankuang Group and Guizhou Kailin Group located in Guiyang, Guizhou province(貴州省貴陽). It is a leading project in Guiyang City Kaiyang Phosphorus, Coal and Chemical (National) Ecological Industry Demonstrative Base. The project will be completed and put on stream in 2008 and the supply shortage of ammonia in Guizhou will be bridged at that time.

Yankugn Group(http://www.yanzhoucoal.com.cn/) is located in Jining City, Shandong Province.

Yankuang Croup Co., Ltd is an extra-large SOE with total assets of RMB 22.844 billion and more than 50 subsidiaries. Yankuang Croup is engaged in coal production and sales , coal chemical, civil engineering, etc with annual total sales income of RMB 11.258 billion. It is one of the 120 enterprises for experiment of large enterprise groups as designated by the State Council. Its sub-company, Yangzhou Coal Mining Company Limited, bas been successfully listed on New York Stock exchange, Hong Kong Stock Exchange and Shanghai securities Exchange respectively in 1998.Thanks to the comprehensive mechanical top caving technique, the annual raw coal output of the Group has reached 40 million tones and annual export volumn reached 15 million tones. It is the largest coal producer and trader in most prosperous eastern China and one of the biggest coal exporter in China.

Guizhou Kailin (Group) Corp., Ltd. (http://www.gzkl.com/) was founded in 1958,(formerly named "Guizhou Kaiyang Phosphorous Mine Bureau") As a large state-owned mining enterprise,Guizhou Kailin Group Ltd. was uniquely authorized by the government to exploit phosphorous ore of Kaiyang mineral Area in Guizhou Province.
Guizhou Kailin Group has been supplying phosphorous ore raw material to the domestic large manufactures of DAP and high density phosphorous compound fertilier all along since the past 40 years. And meanwhile ,Kailin has also been devoting to develop its own phosphoroue fertilier industry. So far ,Kailin has produced a variety of phosphorous fertilizers such as DAP,TSP,MAP,NPK,etc....
Guizhou Kailin Group Import & Export Corp.,founded in 1995,fully represent Guizhou Kailin Group to conduct international business,especially to export its own products and import the raw material as well as related equipments.Uptill now,Kailin has achieved to export its phosporous products to South Korea,Japan,South-East Asia,USA,South Africa,Oceania,etc...
A long -term and stable business relation has been eatablished with DongBu Group,south Korea and Ravensdown Fertilier, New Zealand.

2005/10/17 Asia Chemical Weekly

China's boom spurs foreign investment on Chemicals storages

Over the past years, the accelerated growth in China's chemicals demand and projects investment, and the rising volume of liquid chemicals transportation, has stimulated foreign investment on the chemicals logistics services, particularly the liquid chemicals storages.
Royal Dutch Vopak and Germany based Oiltanking are the top 2 worldwide independent storage operators for oils and chemicals, both of them have investment activities in China market.

Vopak has five terminals in China, which located in Tianjing (天津), Lanshan, Shandong Province(山東嵐山), Ningbo(寧波), Xiamen(廈門) and Caojing (), Shanghai.
Vopak Caojing terminal is a 50:50 jv between Vopak and Shanghai Chemical Industry Park Development Co. (SCIPDC). The jv has 225 000 cubic metres of chemicals storage capacity, and it would expand to 700 000 cubic metres(cbm) in 2010. This terminals and storage facilities are providing services for BASF and SECCO.
Currently, Vopak plans to build China's six terminal in Zhangjiagang(
張家港), Jiangsu Province. In the first phase, Vopak would build 200 000 cbm chemicals storage capacity in Zhangjiagang.

Oiltanking has started the first phase construction for the Chemicals storages facilities in Daya Bay, Huizhou, Guangdong Province since July 2005. The first Phase will comprise four tanks with a total capacity of 15 550 cbm.
OTDB near by the ethylene complex of CNOOC/Shell, It would service for companies in Huizhou Daya Bay Petrochemical Park. OTDB has signed a long-term agreement with Mitsubishi Rayon (Huizhou) MMA Corporation, to cater for all their off-site storage and handling requirements for the MMA plant.

Besides, another leading chemicals logistics services - Norway based
Odfjell - plans to associate with China's EPS producer Jiangyin Garson(嘉盛) to build a chemical terminal in Jiangyin(江陰), Jiangsu Province. Both sides have formed a jv named Odfjell Garson, which is 55% owned by Odfjell and 45% by Garson.
The terminal will have about 80 000 cbm of chemical storage capacity and two berths, both of which can accommodate ships up to 50 000 deadweight tonne (dwt).

With the rapid development of chemical industry in China, the demands for chemicals logistics and storages services would be grown greatly in the coming future.

2005/10/23 Asia Chemical Weekly

Odfjell started construction for chemical terminal in Jiangyin

On 16 October, Norwegian based Logistics services provider Odfjell started the construction for the chemical terminal in Jiangyin Economic Development Zone, Jiangyin, Jiangsu Province.

The chemical terminal is owned by the 55:45 jv between
Odfjell and Jiangyin Garson. In the first phase, the total investment would be about USD 30 million; it will have two 50 000 dwt berths, and 100 000 cbm of chemical storage capacity. The construction is expected to complete by the end of 2006 or early 2007.
The terminal is located on the south bank of the Yangtze River. In the future, the chemical terminal would be expanded according to the market demands.

Jiangyin Garson is a private EPS producer. Currently, it has 150 kt/a capacity of EPS in Jiangyin, Jiangsu province.

The under-building terminal would become Odfjell's chemical logistics base in lower Yangtze River. After the terminal is completed, it can store the SM feedstock for Garson's nearby EPS plant, and provide chemical storage services for other producers and traders.

日本経済新聞 2005/10/25

丸紅、山東省と包括提携 まず日本に紙の販社設立


山東晨鳴紙業集団股フェン有限公司 Shandong Chenming Paper Holdings Limited



Platts 2005/10/24

PetroChina's Lanzhou revises upward planned No 2 cracker capacity

China's Lanzhou Petrochemical has revised upward the planned capacity of its No 2 ethylene plant, currently under construction, to 450,000 mt/yr from the original plan of 360,000 mt/yr, a source at the company said Monday. The revision would allow Lanzhou, a subsidiary of PetroChina, to reap greater economies of scale from a bigger cracker.

2005/10/25 Asia Chemical Weekly

Lanzhou hikes ethylene expansion capacity and confirms derivatives projects

Lanzhou Petrochemical ¨C a subsidiary of PetroChina - has revised the ethylene expansion plan from the early declared 360 kt/a to current 450 kt/a, and confirmed the derivatives projects and capacities.

The total investment for the 450 kt/a complex is about USD 770 million (RMB 6.3 billion). Construction for the project was started on Q2 this year, and it is expected to be completed by the end of 2006.

Lanzhou Petrochemical has a 240 kt/a ethylene cracker in existence. The new added project is the No 2 ethylene plant. After the project completed, Lanzhou petrochemical will have total ethylene capacity of 690 kt/a.

Also, the derivatives projects of the complex were confirmed, there are
-All density PE (HDPE/LLDPE swing) 300 kt/a (Univation technology)
-LDPE 200 kt/a (Basell technology)
-PP 300 kt/a (Basell technology)
-Gasoline hydrogenation 340 kt/a, and
-Butadiene extraction 90 kt/a

PetroChina aims to sale the products from Lanzhou petrochemical to midland and Southwest China market.

China Chemical Reporter 2005/10/24

Yunan Launches DME Project   雲南省

The dimethyl ether (DME) project will be launched in Yunnan province, southern China recently. With the total investment of RMB970 million and the production capacity of 150 000 tons/a, this project is implemented by Yunan Jiehua Group Chem Co., Ltd and will be completed in the end of 2007. When the project put into stream, it is estimated that 1.1 million poor coal will be consumed per year, and the additional value of poor coal will be quintupled with annual sales revenue of RMB447 million.

日本経済新聞 2005/11/1

中国石油 3子会社 上場廃止 全株、890億円で買取り


Platts 2005/11/14                    PetroChina case

Sinopec to privatize Zhenhai Refining & Chemical Co

Chinese oil company Sinopec Corp plans to privatize Sinopec Zhenhai Refining & Chemical Company Limited 鎮海煉油化工in a deal worth HK$7.672-bil ($989-mil), the company said Monday. The "merger by absorption" is to be effected by a wholly-owned subsidiary of Sinopec, Ningbo Yonglian.
Sinopec already owns 1.800-bil or 71.32% of ZRCC's 2.524-bil shares. Ningbo Yonglian is to be set up to to pay a cancellation price of HK$10.60/share in cash to the holders of ZRCC's 724-mil publicly-traded H shares. The completion of the merger is subject to regulatory and ZRCC shareholder approvals.

The company has a crude oil processing capacity of 18.5-mil mt/yr.
Downstream Zhenhai also has a 650,000 mt/yr paraxylene plant and a 200,000 mt/yr of polypropylene unit. Zhenhai currently has plans to build a naphtha cracker with an ethylene capacity of 800,000 mt/yr by 2010, according to industry sources.

2005/10/31 Qenos

Sale of Qenos to ChemChina

Qenos is pleased to announce that international chemical group China National Chemical Corporation (ChemChina) has signed a Heads of Agreement with the companys shareholders, Orica and ExxonMobil, to purchase the Qenos business. The agreement is subject to required regulatory approvals in Australia and China, with settlement targeted to take place in early 2006.

ChemChinaは昨年5月に国営のChina National Blue Star (Group) (藍星グループ)と China Haohua Chemical Industrial (Group) (昊華化工)が統合したもの。

99年10月 ケノス社(Qenos)設立(エクソンモービル53%、オリカ47%)
Orica 旧ICIオーストラリア)と
 エクソンモービル 旧ケムコア社(
Kemcor エクソンケミカルとモービルケミカルの折半出資)が、

At Qenos we use Australian oil and gas feedstocks from Bass Strait and the Moomba Basin. We employ 900 people. Our plants in Sydney and Melbourne produce olefins and a full range of polyethylene products (HDPE, LDPE and LLDPE). We also supply a diverse range of specialty polymers. That makes Qenos a vital link in the Australian manufacturing chain, supplying industries that employ hundreds of thousands of people.

Olefins/Olefines: Approximately 500,000 tonnes ethylene, 50,000 tonnes propylene, 20,000 tonnes butadiene
Elastomers: 12,000 tonnes BR,
Polyethylene: About 180,000 tonnes HDPE, 90,000 tonnes LDPE and 120,000 tonnes of LLDPE

Qenos Imported Product Range
Qenos acts as local agent for a wide range of imported polymers manufactured by ExxonMobil Chemical, Dexco Polymers, Kuhmo and BASF. These products include: EPDM; butyl and nitrile rubber; metallocene PE; EVA; EMA; EAA/ionomer; PP; BOPP; polyester resins; bitumen modifiers; tackifying resins; polymer modifiers; styrenic thermoplastic rubbers, thermoplastic elastomers, styrene butadiene rubbers and PIB.

Dexco Polymers LP, a limited partnership of affiliates of the Dow Chemical Company and ExxonMobil Chemical Company, produces both SIS and SBS products from its dedicated facilities in Plaquemine, Louisiana.




China Chemical Reporter 2005/11/3    800 000 t/a alumina expansion project in Shanxi Branch China Aluminum Co

NDRC Approves Aluminum Oxide Project of Jinbei Aluminum

1 million t/a aluminum oxide project of Shanxi Luneng Jinbei Aluminum Industry Corp. (SLJAIC) has recently been examined and approved by the National Development and Reform Commission. Up till now, the construction for the project has been accelerated further.

So far, SLJAICs 1 million t/a aluminum oxide project is the largest scale project of aluminum industry for domestic preliminary construction.

In a bid to control further exportation of electrolytic aluminum, starting on August 22nd the Central Government of China had decided to cancel the preferential policy for trading processed aluminum oxide. In 2004, around 24.26% of imported aluminum oxide was used in processing trade in China. (CCR 2005 No.2) It sounds not good for SLJAIC.

2005/11/1 Interfax-China      

Construction of Shanxi alumina project destroys Great Wall beacon tower and ancient tombs

The Great Wall is one of the best-known symbols of China and Chinese law strictly protects it. However, in late 2004, despite widespread criticism, the Shanxi Luneng Jinbei Aluminum Industry Corp. (Luneng), leveled a beacon tower of the Great Wall, which was built during the Ming Dynasty, during the construction of a major project, a one mln tons alumina production line.

The 600-year-old tower, in Yuanping Town within Yizhou City of central Shanxi Province, was razed to the ground during the three-day grading of the site. During the construction, about 30 ancient tombs of the Han Dynasty, nearly 2000 years old, were also destroyed. An official who refused to reveal his name with the Cultural Relics Bureau of Shanxi Province confirmed their destruction to Interfax.

"The beacon tower, which is now completely gone, was a provincial ancient cultural relic unit in our province," the official explained. He said because the administration and Luneng were not able to agree on a specific figure for the funding necessary to protect the cultural relics, the two signs did not make any arrangement or deal to handle the issue.

China Chemical Reporter 2005/11/8

Sichuan Ally Completes Ethanol Project in Thailand

The 30 000 t/a absolute(無水) ethyl alcohol (ethanol) project contracted by Sichuan Ally High-Tech Co., Ltd. headquartered in Chengdu, Sichuan province四川省成都, with Thailand Thaiyuan Co., Ltd. conducted the successful wet commissioning recently.

The 30 000 t/a absolute ethanol project is one of the enriching engineering projects promoted by the King of Thailand. It makes use of the local abundant cassava (キャッサバ=タピオカ) as raw material to directly produce absolute ethanol with a purity of over 99.5% and cosmetic ethanol with a purity of 99.9%. This is the first project of producing absolute ethanol that Thailand introduced the complete set of technology and equipment from China.

The success of the Thailand Thaiyuan project is the third project that designed by Sichuan Ally after the two projects of the 30 000 t/a absolute ethanol plant of Tianjin Luyuan and 30 000 t/a absolute ethanol plant in Weifang維坊, Shandong province were commissioned successfully. It is also a successful demonstration that the company is developing from convention to innovation. Now the company has accumulated a great deal of experiences in design, technology, construction, running and investment return of absolute ethanol plant.

China Chemical Reporter 2005/11/7

PVC Preservative Film Prohibits DEHA

The General Administration of Quality Supervision, Inspection and Quarantine of China (GAQSIQ:国家質量監督検査検疫総局) released on October 25 the special inspection results for polyvinyl chloride (PVC) preservative film products from domestic and abroad, and released the announcement of prohibiting the production, sales and importation/exportation of PVC food preservative film that contains what fall short of national compulsory standard such as DEHA アジピン酸ジエチルヘキシル or excess vinyl chloride monomer (VCM).

GAQSIQ began to strengthen the inspection of PVC food preservative film along the ports and carry out special inspection to producers and products involving in PVC food preservative film. The investigation disclosed there are 47 local producers of food preservative film, of which 41 producers manufacture polyethylene food preservative film, and 4 producers make PVC preservative film.

GAQSIQ will take four measures. Firstly, the importation and exportation of PVC food preservative film that contains what fall short of national compulsory standard such as DEHA or excess VCM are forbidden. The use of DEHA in PVC food preservative film production is forbidden. The sales of polyvinyl chloride food preservative film that contains DEHA or excess VCM is forbidden. The direct package for meat, cooked food or lipidic food with PVC preservative film is forbidden. Secondly, GAQSIQ will strengthen the supervision of importation/exportation, production, sales and use of food preservative film. Thirdly, the product standard for food preservative film will be designed. Fourthly, PVC food preservative film will be listed in the importation/exportation law catalog.


2005/11/11 Asia Chemical Weekly

Lucite started commercial production for MMA project in SCIP

On 25 Oct, Lucite held an official ceremony for the commercial production of 100,000 tonne/year MMA project in Shanghai Chemical Industry Park (SCIP), Caojing, Shanghai.
Total cost for the 100,000 tonne/year MMA project is USD 110 million. The MMA unit has started trial production since May with the operate rate ranging from 20% to 70%. But according to industry source, the trial production was unstable until Oct
The MMA unit is neighboring with Secco, and the feedstock comes from Secco's ethylene complex. Secco has started a 260,000 t/a acrylonitrile (ACN) unit, and its by-product hydrogen cyanide (HCN) is the raw material for Lucite to produce MMA through the acetone cyanohydrin (ACH) process.
According to Lucite, the plant's current capacity is 100,000 t/a and with opportunities to expand to 150,000 t/a as demand grows.

Besides Lucite's MMA unit, Mitsubishi Rayon Chemcial (MRC) is building a 90,000 t/a MMA plant in Daya Bay, Huizhou, Guangdong Province. The plant is operated by Huizhou MMA Co., a wholly owned subsidiary of MRC. It will ! cost USD 100 million and is scheduled for completion in Apr. 2006.

Currently, the MMA market in China for MMA is about 200,000 per year, and it is expected to reach 260,000-270,000 per year by 2008.

三菱レイヨンの100%子会社の恵州恵菱化成(Huizhou MMA)(C4直酸法)はラフィネートー1を中海シェル石油化学から供給を受け、原料のイソブチレンを抽出した後、残りのラフィネート−2を中海シェルに返却する。


China Chemical Reporter 2005/11/10

Methanol Project Makes Successful Startup in Shaanxi 陜西神木化学

The first-phase 200 000 t/a methanol production line of the 600 000 t/a coal-based methanol project in Shaanxi Shenmu Chemical Industry Co., Ltd. made successful startup and entered the stage of trial production in October.

The project has a total investment of RMB1.078 billion. Construction was started in October 2003 and boiler ignition was made in June this year. The construction period was only 18 months. The company uses its own technical force and only a little more than 9 days was spent from the start of wet commissioning to the production of refined methanol, 2 days shorter than the highest record of similar units in China.

Shaanxi Shenmu Chemical 陜西神木化学

Following the initiative on accelerating the construction of YuLin heavy Chemical Industrial and energy base promoted by Local government of Shannxi province , Shaanxi Shenmu Chemical Industrial Co., Ltd., is founded by Shaanxi Qinlong electric Limited Company, West Trust Investment Company, State Asserts Running Company of Shenmu County, Shaaxi Zhonglian Investment Co. Ltd., Xian Sea-Star Scien-tech Investment Holding(Group) Company and Shaaxi Huafu Science Industry and Trade Co., Ltd. The main product of this new company should be methanol transfered from coal.

This new Company plan to produce
1200,000 ton methanol per year. The construction should divided into three stages: The first construction stage, aiming to produce 200,000 ton methanol per year, already began at March, 2003and is scheduled to put into use in June 2005. Covering an area of 960 Mum, the company is located in jinjie Industry zone Shenfu Economy Develop Zone Yulin city, Shaanxi. The prepare work of construction a coal mine, a partner project to our coal-methanol-transfer project, has finished, and the construction work of the coal mine should begin soon.

To produce methanol transfered from coal play a important role in the coal chemical industrial chain. Development coal-methanol- transfer has strategically meaning to optimize Chinese energy supply structure and to improve the capability of anti-crisis on energy supply. Thus, Our product has bright market future.

Shaanxi Shenmu Chemical Industrial Co., Ltd should utilize deeply the unique advantage of rich ,cheap and high quality coal resource. We would adopt the advanced techniques and technology both home and abroad
do our best to lower cost, improve production capability, obtain larger market share, provide customer high quality product, deliver great return on the investment come from the investors.


Shaanxi Shenmu Chemical Industrial Co., Ltd. is aiming at producing 600,000 tons of methanol a basic chemical material per year.(alias Shenmu coal-methanol-transfer project). To achieve such capability, the company obtain investment from seven companies. including Shaanxi Province Investment Group (Limited) CompanyShaanxi Qinlong electric Limited Company Company of Shenmu County etc.

Shenmu coal-methanol-transfer project is key construction project in Shannxi province. In this project many advanced techniques and technology abroad are adopted , such as the gasification technology of TAXCO, NHD desulphurization and decarbonization technology, synthesizing methanol under low pressure, refinery distillation through the towers, air-separation liquid oxygen compressure technique, heatproof and pipe-shell compound type reactor etc. then this project possess the characteristics of less energy consumption, low cost, advanced processing technology, excellent product quality and outstanding key competitiveness.

Covering an area of 960 Mum, the company is located in jinjie Industry zone Shenfu Economy Develop Zone Yulin 楡林 city, Shaanxi. Today the focus of Chinese energy development stratagem is on western China, local government in northern Shannxi starts to promote projects to utilize the abundant resource of coal, nature gas and oil. Many coal mine in there possess the extraordinary advantages of huge amount, high quality and easy to exploitation. Soft coal discovered in there can produce higher heat amount while contain extra lower amount of ash ,phosphor, sulfur, it is famous high-quality coal adopted in low-temperature distil, gasification industry and chemical industry around world. In the location the project funded, the large amount of high quality and un-viscosity bright-flame coal resource could be abundant ,cheap and reliable resource supply for Shenmu coal-methanol-transfer project.

Under the lead of directorateOur people make great efforts to rapidly construct this project. Once this project begin to produce methanolOur Company should be the largest coal-methanol-transfer base in China, the outcome should reach 1.2 billion yuan RMB each year.

人民網 2005/11/15






2004/7/13 伊藤忠                      Baosteel jv with Yongcheng Coal, Brazil's CVRD approved

中国におけるコークスJVの件                 start 

 伊藤忠商事株式会社は、中国山東省済寧市に建設する製鉄用コークスプラントJV(正式名称:『山東エン礦国際焦化有限責任公司』)に対して、中国・エン礦集団有限公司とブラジル・リオドセ社(Companhia Vale do Rio Doce)と共に投資することを決め、本日、北京で合資契約書に調印致しました。(※エン礦の“エン”は中国漢字で「亠」下に「~」)

22.8億元(約301億円)、資本金8.8億元で、伊藤忠商事はその内5%の約5.8億円を投資致します。(エン礦集団は70%、リオドセ社は 25%の投資比率)JVは、ドイツKaiserstuhlコークスプラントの設備を中国山東省に移設するもので、年間200tの製鉄用コークスを生産し、また、コークス炉ガスを回収し年間20tのメタノールを生産するプラントも併設致します。



共同通信 2004/5/25

中国でコークス生産へ  CVRDが協定に調印

 世界最大の鉄鉱石生産者・輸出者であるコンパニア・バレ・ド・リオ・ドセ(Companhia Vale do Rio Doce:CVRD)は、中国最大の石炭生産者の1つ、ヤンクアン(袞鉱)集団と中国でコークスを生産する協定に調印したと発表した。

Rio Doce 2004/7

Production of metallurgical coke in China
creation of Shandong Yankuang International Coking Co., Ltd. (JV) joint venture for production of metallurgical coke

CVRD executed an agreement with Yankuang Group Co., Ltd. (Yankuang), one of the main coal producers in China, and Itochu Corporation (Itochu), one of the leading trading companies in Japan, for the Shandong Yankuang International Coking Co., Ltd. (JV) joint venture for the production of metallurgical coke.

The association between these three companies brings together the expertise in marketing, commercialization and funding of projects of CVRD and Itochu, with the availability of mineral resources, technology and infrastructure of Yankuang.

As described in the agreement between the parties disclosed by CVRD on May 24 of this year, the industrial plant will be located in the province of Shandong, in China, and will have an annual production capacity of two million metric tons of coke and 200 thousand metric tons of methanol as a sub-product. The operation startup is forecasted for 2006. The JV will use the Kaiserstuhl coke plant, originally located in Germany, which was purchased by Yankuang and will be reassembled in the province of Shandong.

The investment by CVRD will be about US$ 27 million, assuring a 25% share in the capital of the JV. The total investment in the plant will be US$ 275 millions.

Yankuang will assure the stable supply of the coal necessary for the plant operation and the production of high quality metallurgical coke.

Simultaneously, a contract was executed between CVRD and Yankuang for the development of the coking coal mine of Zhaolou 趙楼市, also located in the province of Shandong, with an estimated annual production capacity of three million tons of coking coal. The participation of CVRD in this project, which is subject to feasibility studies under development, will also be 25%.

CVRD will have the right to buy part of the production, both from the coke plant and the future coal mine, proportional to its share in the capital of the joint ventures, and may sell it to Brazil, net importer of these raw materials for the steel industry. Additionally, CVRD will be the exclusive representative for the sale of coke of the JV in the Brazilian market.

The development of both projects is subject to some previous conditions, such as, for example, obtaining all the necessary approvals from the Chinese Government, including a license for coke exporting.

The executed contracts are the first direct investment of CVRD in China, and the Company entrance into the coke business, complementing its product portfolio for the steel industry, currently consisting of iron ore, pellets, manganese ore and iron alloys.

China Chemical Reporter 2005/11/17                   

Methanol Project Based on Coke Oven Gas    コークス炉ガス

The ceremony for launching the first phase of the 300 000 t/a methanol project in Shanxi Tianhao Chemical Co., Ltd. was held in Xiaoyi, Shanxi province on Nov. 1.   山西省孝義市

The project is funded by Shandong Yankuang Groupエン礦集団有限公司. The first phase has an investment of RMB500 million. The world leading coke oven gas conversion technology with the intellectual property right is used in the methanol production. The process technology has the features of simple process flow, little investment, high production efficiency, high product added value, energy conservation, environmental friendly, convenient operation and good economic performance. The core technology is the process for the production of synthetic gas through the pressurization, catalysis and partial oxidation of coke oven gas in a way of heat exchange.

20051118日 Chemnet Tokyo

1日、山西省孝義市で山西Tianhao 化学の30万トンメタノールプラントの建設起工式が行われた。中国最大の石炭生産者の1つで、山東省に本拠を置くエン礦集団有限公司(Yankuang Group Co., Ltd. )が出資するもので、コークス炉ガスを原料としている。

山東エン礦国際焦化有限責任公司を設立し、ドイツ Kaiserstuhlのコークスプラントの設備を中国山東省に移設して、年間200万トンの製鉄用コークスと、コークス炉ガスから20万トンのメタノールを生産するプラントを建設中である。
(70%出資)JVに対して原料炭の供給を行うとともに製品の中国国内販売を担当、リオドセ (25%出資)はブラジル市場の独占販売権を持ち、伊藤忠(5%出資)は、コークスの対日独占販売権及びブラジル以外の国外マーケットの優先販売権を持つ。




China Chemical Reporter 2007/1/4     発表    調印

Methanol Project Based on Coke Oven Gas Starts up

 Shandong Yankuang International Coking Co., Ltd. held a ceremony for the completion of its 2.0 million t/a coke and 200 000 t/a methanol project in Yanzhou of Shandong province on December 16th, 2006. It is a project for the reuse of coke oven gas.
   The project is jointly undertaken by Yankuang Group, CVRD of Brazil and Itochu of Japan. The 3 parties have made a joint investment of RMB2.284 billion and set up Shandong Yankuang International Coking Co., Ltd. Yankuang Group holds 70% equity, CVRD holds 25% equity and Itochu holds 5% equity. The second-hand equipment provided by a German company is used.
   The sales revenue is expected to reach RMB2.3 billion a year after completion of the project. Since the start of wet commissioning, the purity of methanol product has reached 99.9%.
   The purification and recovery of coke oven gas is carried out through advanced high-effect cooling, scrubbing, desulfurization and recovery process. Technologies and equipment for environmental protection and energy conservation are also used to convert coke oven gas with low added value to methanol, a chemical product and raw material with high added value.

2006/12/20 Rio Doce

CVRD, Yankuang and Itochu inaugurate joint venture to produce coke in China

Companhia Vale do Rio Doce (CVRD), the world-leading iron ore producer and exporter, Yankuang Group Co., Ltd, one of the biggest Chinese coal and coke producers, and Itochu Corporation, one of the leading trading companies in Japan, officially inaugurated on Saturday, December 16th, the joint venture Shandong Yankuang International Coking Co. Ltd. to produce coke in the Shandong Province, China.

The joint venture, which started production in the first half of 2006, is the largest of its kind in China and has an annual production capacity of 2.0 million tons of high quality coke and 200,000 tons of methanol. CVRD has a 25% stake in the JV's capital, while Yankuang and Itochu have respectively 70% and 5%.

CVRD has invested US$ 26.6 million in the project and will have the right to off-take a percentage of coke equivalent to its equity stake in the joint venture as well as act as the exclusive sales channel for the JV's products in Brazil.

The alliance between CVRD, Yankuang and Itochu combines the expertise in global trading and project financing of CVRD and Itochu, with the technology, infrastructure and experience in China held by Yankuang.

This joint venture illustrates CVRD's confidence in the future of China and of its steel industry.


2005/6/24 AFX               伊藤忠、エン礦集団有限公司、ブラジル・リオドセJV

China's Baosteel jv with Yongcheng Coal, Brazil's CVRD approved by government

Yongcheng Coal & Electricity (Group) Co Ltd, 永城媒電集団 one of the largest anthracite 無煙炭 producers in China, said its planned coal joint venture with Shanghai Baosteel Group Corp 上海宝鋼集団 and Brazil's Companhia Vale do Rio Doce (CVRD) has been approved by the National Development and Reform Commission.

Yongcheng Coal said in a statement that Baosteel and CVRD will jointly inject a total of 1.66 bln yuan into the venture --
Henan Longyu Energy Resources Co Ltd.

When the deal is completed, net assets of Henan Longyu will be approximately three bln yuan.

Shanghai Baosteel will hold a 12.95 pct stake in the venture while CVRD will have 25 pct. Yongcheng Coal will be the controlling shareholder with a 45 pct stake.

State media reported today that Yongcheng Coal is also in talks with Thailand-based Chia Tai Group to set up a coal chemical joint venture in China.

Platts 2007/5/18

China's Longyu Coal to complete Henan methanol plant by end-2007

China's Longyu Coal Chemical plans to launch a 500,000 mt/year coal-based methanol plant in Henan province by the end of this year, a company official said Thursday. The plant is expected to be expanded to a capacity of 1.6 million mt ultimately, he added.

Using production technology from Shell, the plant is scheduled to come on stream in three stages.

(The final stage) would also include a 500,000 mt/year propylene unit and a 300,000 mt/year polypropylene unit.

Longyu Coal Chemical is a subsidiary of Henan-based Yongcheng Coal and Electricity Group, a major coal and electricity producer. Longyu Coal Chemical was formed in 2004 specifically for methanol and olefins production.

日本経済新聞 2005/11/23           中国、工場爆発相次ぐ 重慶でも河川汚染

水源上流で化学工場爆発 ハルビン、4日間断水 市民、買い出し殺到



新華社 2005-11-22

Harbin moves to ensure water quality after blast

The provincial health department of northeast China's Heilongjiang province vowed Tuesday to step up inspection of water quality as a chemical plant blast caused possible water contamination in Harbin, capital of the province.

Harbin announced on Monday
Nov.21) to stop water supply for four days as of Tuesday evening for fears that a chemical plant blast on November 13 may have caused a leakage of poisonous substances into the Songhua River, a major water source of the city.

Harbin is located at the middle reaches of the river, which originates in the neighboring province of Jilin. The blast took place in the chemical plant only a few hundred meters upstream.

The announcement has sparked frenzied purchase of drinking water in the city with a population of 3 million. Bottled water, various beverages and even boxed milk were sold out by Tuesday morning in some supermarkets and food stores.

The local health department ruled that drinking water in the city has to be checked twice every day, to ensure the water quality drinkable.

Severe measures will be taken simultaneously in all water-related enterprises and companies to abide by the standards of the safe water quality.

新華社 2005/11/24

Petrochemical company blamed for river pollution

A chemical plant of Jilin Petrochemical Company under China National Petroleum Corp. should be held responsible for the pollution of Songhua River, said Zhang Lijun, deputy director of the State Environmental Protection Administration, at a press conference here Thursday.
The chemical plant experienced an explosion on Nov. 13.

Sino-Russia cooperation
China will keep Russia informed on the conditions of Songhua River pollution after the polluted water passes Harbin, Zhang said.
"The two sides are making specific arrangements for opening a hotline for the matter," he said.
Zhang said the polluted water in the Songhua River is expected to flow into the Heilongjiang River (called Amur River in Russia) on the Sino-Russian border in around 14 days judging from the current flow speed.
He said the Chinese government has already briefed the Russian side on the pollution accident.
"During his meeting with the Russian ambassador to China this morning, director of the administration Xie Zhenhua made a detailed introduction of the entire incident," said Zhang. Enditem

CNPC apologizes
HARBIN, Nov. 24 (Xinhuanet) -- Deputy general manager of China National Petroleum Corp.(CNPC) Zeng Yukang expressed his sincere sympathy and deep apologies to the residents of northeast China's Heilongjiang province, for the pollution of the Songhua River caused by the blast in a chemical plant under the CNPC Jilin Petrochemical Company.

Zeng, who is also director of Daqing Petroleum Administration Bureau, came to Harbin on Wednesday, heading a drilling crew whichis to dig 100 deep groundwater wells for universities and collegesas well as water and heat suppliers in the city.
He made an apology on behalf of the CNPC to residents along the Songhua River on the pollution of the major city water source, saying that it is CNPC's duty to help treat the pollution, according to the city government of Harbin on Thursday.

The blast took place at about 1:45 p.m. on Nov. 13 in a workshop of the No. 101 Chemical Plant under the CNPC Jilin Petrochemical Company based in Jilin City, some 100 km east to Changchun, the provincial capital. Five people were killed and about 70 people were injured. Enditem

Jilin Province apologizes
HARBIN, Nov. 24 (Xinhuanet) -- Vice-governor of Jilin Province Jiao Zhengzhong expressed his sincere sympathy and deep apologies to residents of Harbin, capital of neighboring Heilongjiang Province, northeast China, for the pollution of the Songhua River caused by blast in a chemical plant in Jilin.

Jiao, who is also secretary of the Communist Party of China (CPC) Committee of Jilin City, where the blast took place, came to Harbin to discuss ways to treat the pollution on Wednesday and make an apology to Harbin residents on the pollution of the Songhua River, a major city water source, according to the city government of Harbin on Thursday.

The blast took place at about 1:45 p.m. on Nov. 13 in a workshop of the No. 101 Chemical Plant under the CNPC Jilin Petrochemical Company based in Jilin City, some 100 km east to Changchun, the provincial capital. Five people were killed and about 70 people were injured.
Jilin provincial and Jilin city governments immediately closed the pipelines that caused the pollution.
"People of Heilongjiang and Jilin provinces shared water source from the same Songhua River and it was the obligatory duty of the two provinces to safeguard the mother river," said Shi Zhongxin, deputy secretary of the Harbin city CPC committee and mayor of Harbin.
Shi said the Harbin city government had informed local residents of the pollution situation and took emergency measures to deal with the pollution. Enditem

Toxic water reaches Harbin
HARBIN, Nov. 24 (Xinhuanet) -- The front of the polluted water of Songhua River in northeast China reached Harbin, capital of Heilongjiang Province, on early Thursday morning, local environment authority said.

The toxic benzene-contaminated water, flowing down from the upper reaches of Songhua, arrived at the local water supply inlet at about 5 a.m., and has now entered river sections across the city's urban areas, according to the Heilongjiang provincial environment protection bureau.
The front of the polluted water of Songhua River in northeast China reached Harbin, capital of Heilongjiang Province, on early Thursday morning, local environment authority said.
The State Environment Protection Administration confirmed Wednesday that pollutants containing benzene and nitrobenzene contaminated the Songhua River after a chemical-plant blast at the upper reaches in Northeast China.
Since the river was contaminated in a chemical plant explosion in the neighboring Jilin Province on November 13, the benzene and nitrobenzene density in the water is declining gradually after days of sedimentation and adsorption, and the Harbin city government has added a large amount of active carbon powders into the river to help clean up the water.

Harbin, home to nine million population including 3.8 million in the urban districts, has cut off water supply in the urban areas since early Wednesday, an emergency action taken to ensure public safety.

The operation of the city's water supply system was temporarily resumed on Wednesday afternoon following a forecast by China's State Environmental Protection Administration (SEPA) that the polluted water will not reach the city until Thursday.

The SEPA confirmed the "major pollution" of the Songhua River on Wednesday. Chinese Foreign Ministry spokesman Liu Jianchao said in Beijing on Thursday that China has informed Russia of the water pollution situation in the river, a tributary of the Heilong River (called Amur River in Russia) on the border between the Russian far east and China.

2005年11月14日 Chemnet Tokyo


吉林石化、爆発プラントはアニリン エチレンプラント 緊急停止は1基のみ


日本経済新聞 2005/11/26

中国、工場爆発相次ぐ 重慶でも河川汚染 増産急ぎ安全対策後手に


非常事態亘言ロシア発動も 松花江汚染広がり警戒

Platts 2006/5/8

Jilin PC delays phenol-acetone unit restart for the third time

China's Jilin Petrochemical in Jilin Province has delayed the restart of its 120,000 mt/year phenol-acetone plant for the third time, a company source said Monday. The company had expected to resume operations from May 8.
However, it had not received the green signal from the Chinese government to restart the plant Monday. "We are uncertain when we will receive approval from the government," the source said. There had been "numerous enquiries" by the company requesting the Chinese government to expedite the process.
In November 2005,
the company had stopped phenol-acetone production following an explosion at one of its 70,000 mt/year aniline units at the same site on November 13. The blast had polluted the Songhua River with benzene, aniline and nitrobenzene. The company has two aniline units at the complex.


環境保護目標を制定 国務院常務会議





新華社 2005-11-24

2,682 companies shut down for discharging wastes

China shut down 2,682 companies discharging liquid waste among 420,000 inspected between last May and September, Zhang Lijun, deputy director of the State Environmental Protection Administration(SEPA) told a press conference held here Thursday.

Within this period, China put 23,000 cases on file, closed 2,682 companies and asked 1,750 to stop production for treatment. 163 people responsible for major environment pollution events received punishment, Zhang said.

Zhang, asked at the meeting to respond to the public concern over the water poison accident that occurred in northeast China's Songhua River, vowed to take tougher measures to reduce the emission of pollutants.

Platts 2005/11/25

Shanghai Gaoqiao becomes China's biggest PET maker

China's Sinopec Shanghai Gaoqiao started up a new 80,000 mt/yr polyester plant on Nov 20, according to a company announcement posted Friday (Nov 25).
The plant consists of three lines. With the startup of the new unit, SSGPC's total polyester capacity has reached 200,000mt/yr, making the company China's largest polyester producer, overtaking the 185,000 mt/yr
CNOOC and Shell Petrochemical capacity to be brought on stream in December, the statement said.

Asia Chemical Weekly 2005/11/26

Jilin Chemical completed ethylene cracker expansion

Jilin Chemical Industrial Co (JCIC), a subsidiary of PetroChina, has completed the expansion project for its ethylene cracker in Jilin City, Jilin Province, and has already produced on-spec products.
Before the expansion, JCIC has two ethylene units with the total capacity of 530,000 tonne. The big one has capacity of 380,000 t/a, while the small one has capacity of 150,000 t/a.
This time, JCIC expanded the big one ethylene unit successfully from capacity of 380,000 tonne per year to 600,000 tonne per year, and a few integrated derivatives projects also started up. Among them:
-a 300,000 tonne per year HDPE unit
-a 140,000 tonne per year butadiene unit
-a 300,000 tonne per year BTX unit
After expansion, JCIC's total ethylene capacity rose to 750,000 t/a.
JCIC has shut down the small ethylene unit, because it near to the explosion site (of Nov.13). The big ethylene unit is running with 60-70% operation rate now, as the expansion caused some downstream units shut down and reduced the demands of ethylene.  
In 2004, JCIC produced 580,000 tonne ethylene with the total capacity of 530,000 tonne, as the strong demand and good market condition; the operation rate was more than 100%.

2005年11月24日    Chemnet Tokyo


 山東省濟寧の国営石炭大手・エン礦集団 (Yankuang Group Co., Ltd. )と米国の中国系投資会社・Cathay Capital Group(国泰財富集団)との合弁会社、Yankuang Cathay Coal Chemicals (エン礦國泰石炭化学)はこのほど、石炭を原料とするメタノール・酢酸工場ヲスタートさせた。

 同社は2004年にエン礦 70%、Cathay 30%で設立されたJVで、山東省滕州市(Tengzhou)で60万トンの高硫黄炭をガス化し、これを原料に24万トンのメタノールと20万トンの酢酸を生産するとともに、 8万KWの発電を行う。投資総額は333百万ドルで原料炭はエン礦が供給する。

 Cathay Capital Groupは中国系の米国の投資集団で、フランスと中国に投資している。中国では過去11年に工業、金融、不動産、メディアなど26の企業に幅広く投資している。 三九医薬(999 Pharmaceutical )も当初はCathayを中心とする海外の投資グループと三九集団の合弁会社であった(上場後、手放した)。

 このほか、貴州省貴陽市では貴州Kailin 集団とのJVで石炭原料のアンモニア計画にも着工した。 年産50万トンのアンモニアを生産するもので、2008年スタートの予定。

http://www.chem-t.com/cgi-bin/passFile.php?NCODE=17517 )

2007/8/15 Asia Chemical Weekly

Yankuang Cathy kicks off second stage acetic acid project

In early Aug. 2007, Yankuang Cathay Coal Chemicals Co (Yankuang Cathy
エン礦國泰石炭化学), a 70:30 jv of Yankuang Group and US based Cathy Coal chemical Holding Co., started construction for its second stage acetic acid project in Tengzhou, Shandong Province.

This is the second stage acetic acid project of Yankuang Cathy. With the investment of USD 240 million (RMB 1.8 billion), the company will build a
new 300,000 ton/year acetic acid and 100,000 ton/year ethyl-acetate projects. It is expected to start up by H2 2009.

In Nov. 2005,
Yankuang Cathay started up the first stage project with capacity of 200,000 ton/year. And recently, the company has expanded the capacity to 300,000 ton/year.

After the completion of second stage project, Yankuang Cathy will have total acetic acid capacity of 600,000 ton/year. According to the company, it is also considering the third stage acetic acid project, and plans the total acetic acid capacity reach to 0.8-1 million ton per year in the future.

In 2006, China produced acetic acid around 1.42 million ton and consumed about 2.1 million ton.

Platts 2005/11/30

China's Shenyang Chemical to build cracker for 120kt/yr ethylene   瀋陽化工

China's Shenyang Chemical Group held on Nov 28 a ground-breaking ceremony for construction by 2007 of a 500,000 mt/yr catalytic thermal cracker in China's northeast province of Liaoning 遼寧省, the company said Wednesday. This unit is the first to use exclusively domestic Chinese technology for ethylene production, using a Catalytic Pyrolysis Process (CPP). The Yuan 3.6-bil ($445-mil) investment will use 500,000 mt/yr of residual oil for the production of about 120,000 mt/yr of ethylene, according to an official from BlueStar, the parent company of Shenyang Chemical Group. The ethylene was destined to be used as feedstock for the production of polyvinyl chloride.

Information from Asia Chemical Weekly

The project was described as Catalytic Thermal Cracker of Residual Oil integrated with PVC project, using exclusive Catalytic Pyrolysis Process (CPP). It was not described as an ethylene project, so NDRC approved.

The 500,000 t/a catalytic thermal cracker will produce both ethylene and propylene, and both of the products would be captive used. Ethylene will source for PVC project, and Propylene will source for its planned Acrylic Acid and Acrylates projects, of which capacity is about 110,000-130,000 t/a.

Acrylic Acid and Acrylates projects 三菱化学がライセンス

2005/12/2 China Chemical Reporter

500 000 T/A Ethylene Starts Construction in Shenyang

The ground breaking ceremony for the 500 000 t/a ethylene project using catalytic pyrolysis process (CPP) was held in Shenyang, Liaoning province on November 29th, 2005.

Supported by the RMB150 million state bond, the project with a total investment of RMB3.6 billion will be constructed in Shenyang Wax Chemical Co., Ltd that is a subsidiary company of the publicly traded Shenyang Chemical Industry Co., Ltd.. Besides, it will be greatly supported by other domestic financial institutions such as China Development Bank. The startup is scheduled in 2008. After its completion, the annual sale revenue and profit will reach RMB5 billion and RMB1.3 billion, respectively.

This ethylene project is defined as Chinas demonstration project that makes use of raw materials different with former ones, which is paid more attention to by domestic petrochemical players. Heavy residual oil will be used as raw materials to produce olefin, and the technology developed by Beijing Petrochemical Science Research Institute will be applied in the commercial production for the first time. If the project is successful, the feedstock for ethylene will be widened.


Shenyang Selects Univation's UNIPOL(TM) PE Process for 100 KTA Polyethylene Plant.

Univation Technologies, LLC announced that Shenyang Paraffin-Wax Chemical Co., Ltd, an affiliate of Shenyang Chemical Group, has selected Univation's UNIPOL PE process for a 100,000 tonnes-per-year polyethylene plant. The UNIPOL PE process facility will be fed by a first of its kind catalytic pyrolysis process (CPP) which produces ethylene by cracking crude oil in a fluid bed reactor.

2009-7-30 CCR

Shenyang Chemical Conducts Successful Wet Commissioning on Ethylene Project

On July 29th, 2009 Shenyang Chemical Industry Co., Ltd. (Shenyang Chemical) conducted successful wet commissioning on its 500 000 t/a ethylene project using catalytic pyrolysis process (CPP) in Shenyang, Liaoning province.
The ground breaking ceremony for the project was held on November 29th, 2005.

500,000 mt/yr of residual oil for the production of about 120,000 mt/yr of ethylene

2005/12/1 China Chemical Reporter

Two Coal-based Chemical Projects Kicked off in NingXia 寧夏回族自治区

Ningxia Coal Industry Group Co., Ltd. started two coal-based chemical production projects on November 18th, 2005 at Ningdong Energy and Chemical Base where is southeast to Yinchuan, Ningxia province, northwest China. 寧夏回族自治区銀川市

One project is coal-based dimethyl ether (DME) project, the other one is coal-based olefin hydrocarbons.

The 830 000 t/a coal-based DME project is one of key constructions in the first-phase planning at East NingXia Energy and Chemical Base. It will consume 1.8634 million tons both of raw coals and fuel coals for every year. The project is expected to be completed and put on stream at the second half year of 2008. The technology applied is introduced from Germany Future Energy Companys GSP dry coal powder and gasification technology. Meanwhile, the advanced synthetic and fine distilling technologies both of methanol and DME are introduced from abroad still.

新華社 2005/12/3

China begins methane resources exploitation

A 100-million-cubic-meter coalbed methane
炭層メタンexploitation project has been completed in north China's Shanxi Province, marking the country has finally began to make use of the gas on an unprecedented scale.
Located in the southern part of the Qinshui Basin, Jincheng
晋城 City of Shanxi Province, the gas exploitation project is the largest of its kind in China, with a verified gas deposit of 40.2 billion cubic meters and an annual production of 100 million cubicmeters.






日本経済新聞 2005/12/7                     クウェート発表   PetroChina の誤り?

クウェート、中国に製油所 BP、シェル、シノペックと合弁で
50億ドル投資 広東省に



Platts 2005/12/7  

PetroChina confirms Guangdong petchem partnership with Kuwait

Hong Kong- and New York-listed Chinese oil giant PetroChina Wednesday confirmed its intention to team up with Kuwait in developing a petrochemical plant and refinery in China's southern Guangdong province.

a joint venture between China's PetroChina and Kuwait's Petrochemical Industries Company (PIC) and Kuwait Petroleum International (KPI).

Platts 2005/12/8

China's Yangzi to lift PTA production capacity in September 2006

China's Sinopec Yangzi Petrochemical will raise its purified terephthalic acid capacity to 1.3-mil mt/yr in September 2006, a source close to the company said Thursday. Yangzi, which currently operates
two PTA lines of 350,000 mt/yr capacity each at its complex in Nanjing, is looking to add a new PTA line of 600,000 mt/y in May.

The producer has also scheduled to hike its upstream paraxylene capacity, and is planning to boost its PX output to 800,000 mt/yr in May. Yangzi represents one of China's larger PTA and monoethylene glycol suppliers, and sells mainly to large end-users including Yizheng Chemical Fiber Co.

Platts 2005/12/16

China Chemical Group to build 300,000 mt/yr EPS plant by end-2006

Chinese state-owned chemical conglomerate China Chemical Group (ChemChina) will build a 300,000 mt/yr expanded polystyrene plant in east China Jiangsu Province, according to a senior official from the company. The project is still under application stage, but is expected to be approved by January 2006, and brought on stream in December 2006. Once on stream, it will be the single largest EPS unit in China, added the source. EPS is used for packaging foodstuffs, medical supplies, electrical consumer goods and insulation panels for building.

Jiangsu江蘇省 is a key base for the Chinese EPS industry; EPS production capacity in Suzhou 蘇州, Wuxi 無錫 and Changzhou 常州 totals 1.45-mil mt/yr, accounting for 63% of Chinese EPS production capacity.

EPS majors in Jiangsu include Jiangyin Runhua Chemical (340,000 mt/yr ), Wuxi Xingda New Form Plastics Materials (500,000 mt/yr), Jiangyin Xinheqiao (160,000 mt/yr), Changzhou Chengda(120,000 mt/yr) and Changzhou Jiasheng (300,000 mt/yr).

Wuxi Xingda New Form Plastics Materials  http://xingdaeps.en.alibaba.com/aboutus.html

Founded in 1992, Wuxi Xingda New Foam Plastics Materials Co., Ltd. has grown into a modern large-scale industrial chemical enterprise through hard work, unyielding efforts and development. Holding independent trade rights, we specialize in the production of expandable polystyrene (EPS).

We have over 700 employees including 30 R&D personnel and a 98,000 square meter factory workshop with fixed assets valued at USD10,800,000. In 2003, our annual sales figure reached approximately USD350,000,000. With an annual production
capacity of 550,000MT of EPS materials, our output capacity ranks among the top manufacturers in China. Now our domestic market share has reached over 35%. In addition, our products have been sold far throughout Southeast Asia, the Middle East, Europe and other regions.

Enjoying a high reputation both at home and abroad, we are confident that our "Xifa" brand products will satisfy your requirements. If your business requires any of our product range, please feel free to contact us with your inquiries.

Jiangyin Xinheqiao  江陰新和橋化学工業有限会社 http://www.jy.js.cn/qysw/jiangyin/xinheqiao/

1995年11月27日設立 三菱商事、東邦化学、台湾の見竜化学工業の共同投資の独資企業。

Jiangsu Chengda Petrochemical Industrial Co., Ltd.   http://www.czgszx.com/webd/cdsh/index.htm

Jiangsu Chengda Petrochemical Industrial Co., Ltd. is located in BinjiangIndustrial Park (China Fine Chemical Development Zone), Changzhou, Jiangsu. As a private enterprise under the market economy specializing in the R&D, production and services concerning expandable polystyrene (EPS) resin, Jiangsu Chengda takes a total floor area of 150 mu, about 100,005 square meters, with the first-phase investment RMB 120,000,000 yuan. It began its production in September 1st, 2003, with the annual EPS output of 120,000 tons. It is to reach 300,000 tons after the expansion of scale. The favorable location of Chengda brings a convenient transportation, 180 km away from Wusong Sea Gate to the east, 20 km from Changzhou Civil Airport to the west, 10 km from Changzhou Entrance to Shanghai-Nanjing Expressway to the south, 22 km from Changzhou Station of Beijing-Shanghai Railway, and only 1 km from Changzhou General Dock (storage capacity: 138,000 cubic meters).
  From the very beginning, Jiangsu Chengda performed the business according to the laws of market economy. The service quality and innovation ability have been greatly improved. And we have established our own business policy and spirit. The senior technicians account for 32.6% of the staff. Thanks to the generous help from Wuxi Xingda Group, and especially the strong supports from the local government and the friends of all walks of life, Chengda, since the production began in Sept. 2003, has realized both production and marketing thrive. In terms of equipment, technology, quality control, enterprise management and R&D, Chengda all hits the top world level.
  EPS is used for thermoplastic foam and the related products. According to different applications and characters, EPS is classified as PKF (PKF-XJ, PKF-XB, PKF, XT and PKF-XS) and ZKF. With excellent performance in thermal insulation and resistance to shock, ageing and water, it is widely applied to building construction, packaging, decoration and so on. In front of market opportunities, Jiangsu Chengda will keep pace with the times for new development.

Chemnet Tokyo 2005/12/19


 シノペック子会社の上海石油化学はPTAの自社技術の開発に成功し、BP、Invista、三井化学、Eastman Chemical などの大手と並び技術保有者となった。中国で特許を申請中で、同社によれば、新開発の技術で80万トンから100万トン能力のPTAの生産が可能であり、これによりライセンスフィ(同社では23.5百万ドルとみている)が不要となるほか、国産設備を使うことにより、さらに17.3百万ドルの節約が可能としている。

儀征化繊(Yizheng Chemical Fibre Co.) が同技術を使い、江蘇省儀征市で100万トンのPTA建設を計画中で、2008年スタートを目指している。








油田権益獲得は来年初めに完了する予定で、それまでにシリア政府の承認を受ける必要がある。CNPC関係者は「これはCNPCと ONGCの海外石油・天然ガス市場における初めての共同入札。以前、ONGCはカナダの石油会社・ペトロカザフスタン(PK)の買収をめぐり、CNPCと激しい競争を展開したことがある」と述べた。

China National Petroleum Corporation (CNPC) and India's Oil and Natural Gas Corporation (ONGC), the two largest oil companies in the respective countries, announced on December 20 that they had jointly won a bid to acquire 37% of Petro-Canada's stake in Syrian oilfields for US$573 million. ONGC and CNPC, both state-owned, will have equal stakes in the al-Furat oil and gas fields.

2006-08-14 新華社

Indian, Chinese oil companies buy stake in US firm

India's State-owned ONGC Videsh Ltd (OVL) and China's Sinopec jointly bought
50 percent stake in U.S. firm Omimex de Columbia, Indo-Asian News Service reported Sunday.

The news agency quoted an anonymous official of OVL as saying that the three firms had exchanged papers for share transfer on Friday and
OVL will have 25 percent stake while Sinopec has the rest 25 percent.

The deal has implicated about 800 million U.S. dollars, the source said.

Omimex de Columbia had been a 100 percent subsidiary of Omimex Resources based in the United States.

This is the second case ONGC Videsh has done with a Chinese company. It had earlier joined hands with the China National Petroleum Company International to acquire about 37 percent stake in the
Syrian oilfields from Canadian oil company Petro-Canada at a price of 484 million U.S. dollars. Enditem

* OVL is a wholly owned subsidiary of the Oil and Natural Gas Corporation (ONGC) Limited, India's largest corporate

*Omimex de Colombia, Ltd. is a subsidiary of Omimex Resources, Inc. based in Fort Worth, TX, USA.  Omimex Resources, Inc. is an independent energy company engaged in the exploration and production of crude oil and natural gas.

September 23, 2002
The International Finance Corporation (IFC), the private sector financing arm of the World Bank Group, will provide US$35 million to Omimex de Colombia, Ltd. to support the company's expansion plans. In partnership with the Colombian state oil company, Omimex de Colombia, Ltd. has formulated a multi-year, staged program to develop various onshore oil fields and upgrade an existing pipeline.
 The project, located in Colombia's Middle Magdalena Basin, will support recent efforts of the government of Colombia to encourage foreign investment in oil exploration and production.  IFC's $35 million loan will go towards financing the company's share of development costs.

2007/6/14 Ewing Management

Ewing Management Group Invests $100M in China 

Ewing Management Group (EMG) announced today it completed $100M of investments in two Chinese companies in the first half of 2007. One company, based in Hangzhou, China, is a leading horticulture company in China, applying advanced technologies to the development of a wide range of high-quality plants and flowers. The second company, based in Changzhou, China, is a leading manufacturer of styrene monomer, a chemical used in a broad range of polymer derivatives, ranging from low cost commodity polymers to engineering plastics and synthetic rubber.

The chemical company, currently producing 200,000 metric tons of styrene monomer, is the first producer in China funded by private capital and is strategically located in Jiangsu Province, a region where approximately 60% of all domestic consumption of styrene monomer occurs due to the booming industrial manufacturing base. The styrene monomer market in China is growing rapidly and is being satisfied primarily through imports. The company enjoys a competitive cost advantage over importing countries primarily by virtue of lower product logistics costs and the far lower cost of process equipment in China relative to elsewhere in the world. This has the effect of improving the economic attractiveness on all new-build projects. There are a number of possible expansion projects being studied that can add value to the site within a reasonably short time frame.

About Ewing Management Group    
Based in Dallas, Texas, with an office in Shanghai, China, Ewing Management Group is focused on acquiring and managing companies in manufacturing or asset-intensive industries.


Platts 2007/8/1

US' Ewing Management confirms acquisition of China's Do How Chem

During the acquisition, Ewing Management Group purchased a
80% controlling stake in Do How Chemical, with the remaining 20% held by Chinese investors. The company's name will not be changed, the source said.

Do How Chemical owns a
210,000 mt/year SM plant at Changzhou. That plant is currently being expanded with the addition of a new 200,000 mt/year line. Construction is scheduled for completion by the end of 2008.