Market sources in China informed SSESSMENTS.COM that Chambroad Petrochemical, also known as Shandong Jingbo Petrochemical, is planning to construct two new polypropylene (PP) units with a combined capacity of 600,000 tons/year. The units are part of a CNY5.17 billion ($728 million) propylene plant in the Boxing Chemical Industrial Park at Binzhou in Shandong which can process up to 2.04 million tons/year of raw material.
The plant is currently under construction and is expected to enter service at the end of 2021 or early 2022. The plant will have a 600,000 tons/year hydrogenation unit, 550,000 ton/year aromatics extraction unit, and a 320,000 tons/year propylene unit. The PP capacity will include a 400,000 tons/year PP unit that uses LyondellBasell’s Spheripol technology, and another 200,000 tons/year PP unit that uses LyondellBasell’s Spherizone technology.
