Sinopec Group, China’s super large petroleum and petrochemical enterprise group has started construction of a long-planned ethylene complex in the southern city of Zhanjiang.
The mega project, which includes construction of a refinery, is being built on the basis of a preliminary agreement as part of a 50:50 venture with the OPEC member Kuwait. The ethylene complex is likely to be completed by 2020.
The first phase of the mega projects will have an 800,000 tons per year ethylene complex that produces synthetics, plastics, rubber and fiber a 10 million tons per year refinery, the refinery is likely to be put into use a year earlier, Sinopec said.
The mega projects are expected to involve investment to the tune of 5.9 billion yuan ($848.76 million), of which 3.8 billion yuan ($546.66 million) investment will be done in the first phase.
Biotechnology company AMSilk is preparing to increase the large-scale production of its silk proteins through its partnership with Ajinomoto Foods…
H&M has introduced a denim collection made with Tencel | Circ with Refibra technology, demonstrating the potential of textile-to-textile recycling…
Spain-based research centre AIMPLAS is developing new enzyme-based recycling methods for marine plastic waste through its Oceanzyme project.
Louis Vuitton has introduced a new lightweight material called Silk Tech, made using a twill weave that combines silk with…
Researchers at Harvard University have developed programmable knitted textiles that can perform functions beyond traditional fabrics.
Agricultural biotechnology company Avalo has selected Advance Denim as its first mill partner for the denim market across China, Vietnam,…