SK Global Seeking Chinese Approval To Join Sinopec in Wuhan Complex

摘要

Seoul-SK Global Chemical plans to seek Chinese government approval to participate in Sinopec's Wuhan petrochemical complex in China's Hubei Province (PCN, 12 July 2010, p 1). SK and Sinopec in 2008 signed a framework agreement for a $2.16-billion joint venture to build an 800,000-t/y ethylene cracker at Wuhan. The project, according to earlier reports, includes downstream production of 300,000 t/y of high-density polyethylene, 300,000 t/y of linear low-density polyethylene and 400,000 t/y of polypropylene.