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CNPC branch starts refining expansion project in HohhotPublished: 28 May 2009 20:02:51 PSTTop 5 News From ChinaKnowledge.comCapital Group cuts stake in China Shenhua EnergyNan Shan Life Insurance buys commercial building in TaipeiChina Everbright Bank says no plan to set up private banking unitHaier Group to buy 20% stake in Fisher & Paykel AppliancesHKEx may delay launch of quarterly reportingMay. 29, 2009 (China Knowledge) — A branch of China National Petroleum Corporation (CNPC), which is the country’s largest integrated oil and gas company, on May 26 started construction on an oil refining expansion project with a potential refining capacity of 5 million tons a year in Hohhot, the capital of Inner Mongolia Autonomous Region, sources reported.Expansions to the existing plant include 10 refining machines and one unit for polypropylene production with an annual output of 150,000 tons. The new equipment will generate 4.64 million tons of byproducts such as benzene and liquefied gas. Du Jizhou, general manager of CNPC’s Hohhot branch, said that the expansion project will require a total of RMB 7.85 billion in investment, of which RMB 7.39 billion will be used for construction. The expansion project will go into operation in 2012, and will be provided with crude oil from Changqing Oilfield. The added capacity is expected to generate more than RMB 20 billion in additional sales revenue annually, sources reported. Copyright © 2009 http://www.chinaknowledge.comuv灯 cabal rmt 香港花店 弹簧 eco rmt アラド戦記 RMT