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Wanhua Chemical and ADNOC consortium to study polyolefin plant in Fuzhou
Wanhua Chemical, through its subsidiary Wanrong New Materials, signed a project cooperation agreement with a consortium of ADNOC, Borealis and Borouge to form a 50:50 joint venture and conduct a feasibility study for a specialty polyolefins integrated facility in Fuzhou, Fujian province, China.
Capacity
1.6 million tons per year of polyolefins
Productsspecialty polyolefinspolyethylenepolypropylene
“Chinese chemicals giant Wanhua Chemical Group has signed an agreement with a foreign consortium that includes Abu Dhabi National Oil Company to set up a joint venture to build an integrated polyolefin complex in China.”yicaiglobal.com
- 4 sources
- yicaiglobal.comWanhua, ADNOC Consortium to Build Integrated Polyolefin Facility in ChinaZhang YushuoJul 24, 2024
- paper.cnstock.com万华化学集团股份有限公司关于控股子公司万融新材料（福建）有限公司签署项目合作协议的公告|上海证券报Jul 24, 2024
- mees.comAdnoc Downstream Deals Strengthen China Ties | MEESJamie IngramJul 26, 2024
- ogj.comADNOC-OMV consortium, Wanhua partner for proposed Chinese polyolefins complex | Oil & Gas JournalRobert BrelsfordAug 12, 2024
Summarized from public sources; check the original articles before acting on it.
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