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News / Content

  Sinpo chemical’s ethane olefin project would complete in early 2019

2017-12-13

In November 2017, during President Trump′s visit to China, the two countries signed agreements on cooperation in various fields that related to the oil and gas industry chain, involving more than 150 billion dollars. Among them, China and US signed protocol about the purchase and sale of ethane with a sum of 26 billion dollars, which is the first trade contract of the United States exporting ethane to China, and it was a landmark.

In late November, INEOS and Sinpo Chemical had signed a long-term agreement. INEOS would supply Sinpo with ethane that produced in the United States. Almost at the same time, Sinpo Chemical came out with good news. Its 400,000-square-meter large ethane receiver tank construction had achieved great success in Taixing, Jiangsu Province.

 

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