By OGJ editors
HOUSTON, Nov. 11 -- The Fujian Integrating Refining and Ethylene Joint Venture Project in Quanzhou, China, has reached full operation, partners said Nov. 11.
The $4.5 billion project tripled the capacity of a refinery to 240,000 b/d and added a petrochemical complex, which encompasses an 800,000-tonne/year ethylene steam cracker, an 800,000-tpy polyethylene unit, a 400,000-tpy polypropylene unit, and a 700,000-tpy paraxylene unit (OGJ, Apr. 16, 2007, p. 18).
The complex includes a 250-Mw cogeneration plant, which will supply most of the site’s electrical power.
Owners are Fujian Petrochemical Co. Ltd., 50%, and ExxonMobil China Petroleum & Petrochemical Co. Ltd. and Saudi Aramco Sino Co. Ltd., 25% each. Fujian Petrochemical is owned by China Petroleum & Chemical Corp. (Sinopec) and the Fujian government, 50% each.
The facility is integrated with the Fujian Fuels Marketing Joint Venture owned by Sinopec, 55%, and the ExxonMobil and Aramco units, 22.5% each. The marketing venture operates 750 service stations and a network of terminals in Fujian Province.