Sinopec laid a foundation for a 400,000-ton phenol-acetone joint venture project
On November 18, the 400,000-ton/year phenol/acetone project jointly invested by Sinopec and Mitsui Chemicals of Japan was formally established in Shanghai Chemical Industry Park. According to news released by the China Petrochemical Corporation, on December 8, 2009, China Petroleum & Chemical Corporation and Japan Mitsui Chemicals Co., Ltd. signed a memorandum of phenol and acetone project. The phenol joint venture project settled in Shanghai Chemical Industry Park includes a 250,000-ton/year phenol and 150,000-ton/year acetone plant and is managed by Shanghai Sinopec Mitsui Chemicals Co., Ltd. (SSMC), a joint venture between the two parties. At the same time, Sinopec Shanghai Gaoqiao Petrochemical Company's existing facilities (125,000 tons/year phenol, 75,000 tons/year acetone) were incorporated into SSMC. The new device uses Mitsui Chemicals (phenol part) and is expected to be commercially operational in the second quarter of 2013. Multifunctional Hoists,Hoist Weight Machine,Material Hoisting Equipment,Hoisting Equipment Machines Jiangsu Minnuo Group Co.,Ltd , https://www.jsminnuomachinery.com