Following the formal approval of its foundational design, Chinese petrochemical firm Sinopec says it has entered the construction phase of a new green, high-end rubber materials facility in Tianjin, China.
Announced in 2023, the project involves a total investment of around US$344.65 million. Its production output will include 100 kilotonnes/year of solution styrene butadiene rubber (SSBR) and an equal volume of nickel-based butadiene rubber.
Operated by Sinopec’s Beijing Yanshan branch, the venture will be funded through a combination of 70% bank loans and 30% company capital. The initial construction phase, focused on piling work for processing units, storage areas and auxiliary facilities, iS scheduled for completion within 31 days.
This new rubber plant is an integral component of the larger Sinopec Nangang high-end materials industrial cluster, which also features a recently completed 1.2 million-tonne/year ethylene complex.
Encompassing a 277,004 sq m site with a built up area of 43,522 sq m, the facility is expected to start up in 2027.