FGP – Gulei Petrochemical Complex – Fujian - Project Profile

Synopsis


"FGP Gulei Petrochemical Complex Fujian - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "FGP Gulei Petrochemical Complex Fujian - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


Fujian Gulei Petrochemical Co Ltd (FGP) a consortium of Fujian Refining & Chemical Company Limited and Asahi Teng Investment Limited, is constructing a petrochemical complex in Gulei, Zhangpu, Fujian, China.

Sinopec Group, the Fujian Provincial Government and a Taiwan consortium signed a framework agreement to develop the project. The Taiwan consortium comprises of four companies China Petrochemical Development Corp, Ho Tung Chemical Corp, LCY Chemical Corp and USI Corp.

The project involves the construction of a petrochemical complex designed to have crude refining capacity of 16 million tonnes per annum (320,000 bpd) and ethylene production capacity of 1.2 million tonnes per annum.

The project also includes the construction of a 800,000TPA steam cracker unit, a 1.8MTPA methanol to olefins unit, a 300,000TPA gasoline cracking unit and related facilities, and the installation of pumping systems, machines and safety systems.

Sinopec is expected to own a 50% stake in the project while the Taiwanese companies will own the remaining 50%.

Construction activities are underway.

Scope


The project involves the construction of a petrochemical complex with a processing capacity of 16MTPA(320,000 bpd) in Gulei, Zhangpu, Fujian, China.

The US$5,266 million project includes the following:

1. Construction of a 800,000TPA steam cracker unit

2. Construction of a 1.8MTPA methanol to olefins unit

3. Construction of a 300,000TPA gasoline cracking unit

4. Construction of a storage unit

5. Installation of pumping systems

6. Construction of related infrastructure facilities

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1.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Scope
6.Description
7.Latest update
8.Background
9.Key Contacts
10.General News, Project News
11.Appendix


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