France: Speichem, Lurgi Virg.; L'Aire May 1973.
Liquide; Rhone-Poulenc; United King-

1974-76.

90.0 including Probably deferred payments over 5 years. Synthetic fibers technology. indicated as end-use.

dom: Humphrey & Glasgow West; Ger-
many: Badische Anilin und Soda
Fabrik (BASF).

Methanol plant (1) Capacity: 300
MT/day; Technology: Plant uses
residual gas from acetylene produc-
tion; will employ ICI low pressure
synthesis method and an Onia cata-
lytic particle oxidation process
licensed by P.E.C. Engineering of
Paris.

Polyethylene plant (1)-Capacity:
60,000 MT/yr; Technology: Based on
improved version of high pressure
process (BASF) imported from West
Germany.
Acetaldehyde plant (1) Capacity:
30,000 MT/yr; technology: Uhde &
Hoechst; location: Near Shanghai..
Polyethylene plant (1) (High pressure,
low density) Capacity: 180,000 MT/
yr; technology: Based on improved
version of ICI process.
Petrochemical and synthetic-fiber com-

plex (16 of 18 units) Capacity:
initial, 500,000 MT/yr; full, 2 million
MT/yr; location, 50 km south of
Shenyang.

ORGANIZATION OF THE PETROCHEMICAL AND SYNTHETIC-FIBER COMPLEX 1

1 Figure below is a flow chart of the petrochemical and synthetic-fiber complex.

Flow chart for the petrochemical and synthetic-fiber complex

Plant profile

TABLE B-4.-PETROLEUM REFINING, PETROCHEMICAL, AND SYNTHETIC FIBER PLANTS-Continued

Country and firm

Contract signed

Delivery period

Value (million US$)

1975-77.

15.0

Petrochemical plant (1) (for production Italy: Snam Projetti (ENI Group); 1973.

of polypropylene)-Capacity, 35,000
MT/yr.

Technology, Standard Oil of Indiana..
Polypropylene plant-Capacity, 80,000
MT/yr; technology, Mitsui Petro-
chemical plant is part of chain of
derivatives of TEC/Mitsui 300,000-ton
ethylene plant (see above). Design,
engineering, manufacturing, and pro-
cureinant of equipment for plant
by Mitsui Shipbuilding.

United States: Standard Oil of Indiana.
Japan: Mitsui Petrochemical; C. Itoh; October 1973.
Mitsui Shipbuilding & Engineering;
Kosho Trading Corp.

1974-76.

26. U

Catalyzer production plant for produc- C. Itoh; Toho Titanium; Kosho Trading January 1974.

1974-end of 1976.

4.6

Corp.

Vinylchloride monomer plant-Capac- West Germany: Friedrich Uhde.

January 1974.

1976

19.0

First such plant sold to PRC.

Financing: Japan Ex-Im/Commercial Bank. 25 percent down;
5-year deferred payment at 6 percent p.a.

Financing: Japanese Ex-Im. Contract denominated and payable
in yuan. Cost includes know-how and engineering. 35 percent
down payment with 65 percent balance to be paid in equal
installments over 5-year period. Complements raw materials
plant purchased May 1973 from Toray.

Under negotiation in March 1974.

Under negotiation in March 1974.

Financing: Japanese Eximbank. 15 percent down, balance to
be paid over 5 years at 6.5 percent annual interest. Chinese
will use plant for production of vinyl using Chinese tech-
nology. Complex may include an acetic acid vinyl plant.
Cost includes engineering, installation, and equipment.

Deferred payment terms.

Financing: Japanese Eximbank (partial) 15 percent down, remainder over 7-8 years at 6.5 percent annual interest.