Sinopec and Ineos JV Tianjin Complex is an upcoming petrochemical complex located in Tianjin, China. According to GlobalData, who tracks more than 13,000 active and developing petrochemical plants worldwide, the complex is expected to commence commercial operations in 2028 and is likely to have an annual petrochemical capacity of 3.68mtpa. The plants in this complex are operated by China Petroleum & Chemical. Buy the profile here.
Details of the key upcoming projects in Sinopec and Ineos JV Tianjin Complex
The complex is set to add capacity with some of the key upcoming plants including Sinopec and Ineos JV Tianjin Ethylene Plant (1.2mtpa), Sinopec and Ineos JV Tianjin Polyethylene Plant 1 (0.5mtpa), Sinopec and Ineos JV Tianjin Polyethylene Plant 2 (0.5mtpa), Sinopec and Ineos JV Tianjin Polyethylene Plant 3 (0.5mtpa), and Sinopec and Ineos JV Tianjin Polypropylene Plant (0.35mtpa).
The technology and operator details for some of the key upcoming plants are as follows:
Key products capacity - Sinopec and Ineos JV Tianjin Complex, 2022-2030
The complex is expected to produce key products such as polyethylene, ethylene, polypropylene, acrylonitrile-butadiene-styrene (ABS), butadiene etc.
Polyethylene accounts for 40.8% of the total annual capacity of the complex with 1.5mtpa, followed by ethylene and polypropylene with 32.6% (1.2mtpa) and 9.5% (0.35mtpa) respectively.
About China Petroleum & Chemical
China Petroleum & Chemical Corp (Sinopec), a subsidiary of China Petrochemical Corporation, is a vertically integrated energy and chemical company. It operates in the oil and gas exploration and production, extraction and marketing; oil refining; and production, marketing, storage and transportation of petrochemicals, chemical fibers, chemical fertilizers and other chemical products. The company also undertakes import and export agency business of crude oil, natural gas, refined oil products, petrochemicals, chemicals, and other commodities and technologies. Its product portfolio includes refined oil products such as gasoline, diesel and jet fuel; and petrochemical products that include synthetic resin, synthetic fiber monomers and polymers, chemical fertilizer and petrochemical intermediates. Sinopec is headquartered in Beijing, China.
For more details on the Sinopec and Ineos JV Tianjin Complex, buy the profile here.