The plant, located in the Boxing Chemical Industrial Park at Binzhou in Shandong, will use US engineering firm KBR's K-COT technology. It is under construction and is expected to start up at end of 2021 or early 2022.
The project will utilise the firm's existing liquefied gas, petroleum gas, residual oil, various types of diesel and other resources for processing and utilisation. The firm is also known as Shandong Jingbo Petrochemical.
The plant will also house a 600,000 t/yr hydrogenation unit, 550,000 t/yr aromatics extraction unit and a 320,000 t/yr propylene unit.
Its downstream includes a 400,000 t/yr PP plant that uses LyondellBasell's Spheripol tec, and another 200,000 t/yr PP plant that uses LyondellBasell's Spherizone tec.