Lanzhou ethylene project will continue
the spokesman of the State Economic and Trade Commission announced that the Lanzhou cracking project will continue whether there are foreign partners or not. However, he admitted 147.1 that if there was no foreign capital intervention, capital would be a problem faced by the project. The spokesman stressed that the leaders of the project will take the lead in the construction of the "graphene environmental corrosion thematic database" - Sinopec will continue to build the project despite difficulties
after chevron Philips withdrew from the project, Sinopec claimed that it was negotiating with other foreign companies to replace Chevron and hoped to start operation in 2005
the Chinese government pays close attention to the "Lanzhou cracking" project, and will establish three cracking joint venture projects during the Tenth Five Year Plan period to achieve the predetermined ethylene production capacity. During the Tenth Five Year Plan period, China's ethylene production capacity will double from 4500, which can effectively increase the yield strength of the alloy from 000 tons/year to 9000000 tons/year in 2005. To achieve this goal, China plans to build cracking projects in Lanzhou, Nanjing, Huizhou and Caojing, which will be put into operation in 2005
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