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Sinopec & Sabic sign for $1.7 billion Tianjin Polycarbonate

Sinopec and Sabic have decided to extend their co-operation with this major Polycarbonate complex to be built in the Tianjin Binhai New Area, China

In October 2009, Sinopec and Sabic had created a 50/50 shared joined venture, called Sinopec SABIC Tianjin Petrochemical Company (SSTPC), for a 1 million t/y Ethylene cracker which went into production in January 2010.

After this first phase, SSTPC is breaking-ground for this world-scale complex to cover 67 hectares and to have a:

260,000 t/y Polycarbonate capacity provided with

2 sets of phosgene free production systems, with an annual capacity of 130,000 t/y each

With a capital expenditure of $1.7 billion, this Phase Two project has been approved by the China’s National Development and Reform Commission (NDRC) on 13 January 2012. 

The project uses the world’s leading non-phosgene polycarbonate manufacturing technology, which complies with China’s national energy saving and carbon emission policy.

With the advanced equipment, the products are designed to be high tech and high value-added to be used for a wide range of applications and classified as:

 – Mixed grade polycarbonate

 – Extrusion grade polycarbonate

 – Optical grade polycarbonate

 – Olding grade polycarbonate.

This project will play an important role in promoting the development of Tianjin petrochemical industry and drive the economic growth in the Bohai rim region. It is also an important move for Sinopec to adjust its product mix 

It deepens the cooperation between China and Saudi Arabia where SABIC and Sinopec have shared ambitions of establishing long-term strategic partnership that contributes towards enriching the economies of Saudi Arabia and China in the areas of scientific research, technology, reform and product marketing.

Demand growth for polycarbonate is the fastest among the top five engineering plastics. Polycarbonate has high purity and transparency properties. With its excellent overall performance, it is widely used in automotive parts, home appliances, medical products, etc. With the recent growth in industries such as electronics, automotive, information technology and building materials, there is a significant increase in China in the demand of polycarbonate and other engineering plastics.

In 2010, China consumed 1.13 million metric tonnes of polycarbonate, with a domestic output of 220,000 metric tonnes only. China mainly relies on imports for polycarbonate, and hence, polycarbonate was the highest by volume of import among all engineering plastics.

Based on initial estimation, demand for polycarbonate in China will reach 1.78 million metric tonnes by 2015,  an average annual increase of nearly 10% .

The complex construction is expected for completion in 2015

For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer

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1 Comment to “Sinopec & Sabic sign for $1.7 billion Tianjin Polycarbonate”

  1. i want ldpe film grade natural of sinopec so kindly tell me the rates

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