Beijng-Kuwait Petroleum Corp. (KPC) is continuing to seek a partner to take 20% of its 50% interest in the refinery and ethylene complex in Zhanjiang, China, currently planned as an equally-owned joint venture between Sinopec and KPC (PCN, 30 May 2011, p 2). The $9-billion project, on which construction is expected to begin early next year, involves a 300,000-b/d refinery that will process Kuwaiti crude and a 1-million-t/y ethylene plant, as well as related utilities and support facilities. Operations are due to begin in 2014.
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