MIIT: 2015 Chinese propylene production capacity will reach 24 million tons / year
February 2012, the Ministry of Industry and Information Technology (MIIT) official website announced the "Twelfth Five-Year Development Plan olefins industry." "Planning" requirements: "Twelve Five" period, insist on raw materials diversification. Goal: By 2015, China ethylene production capacity to 27 million tons / year of propylene production capacity to 24 million tons / year, olefin feedstock diversification rate of more than 20%.
Policy will encourage the import condensate, light hydrocarbons and other resources, optimize the structure of the olefin feedstock; and abundant coal resources and coal to olefins independently developed technologies, proper development of coal-to-olefins;, and maximize the use of refinery byproduct production of olefins.