CHINA: Rosneft & CNPC advance project plans for Tianjin refinery and PC complex

The project includes a 13-million-t/y refinery and petrochemical units for the production of aromatics and polypropylene. Completion is scheduled for the end of 2019.

Rosneft President Igor Sechin noted that the contract also regulates raw material supply to the refinery. "Our company will receive additional volume of 9.1-million tons of oil since 2020," he said.

Source: Weekly "PetroChemical News", Durham, NC, USA; 26 May 2014
(Syed Rashid Ali, Karachi, Pakistan)