BEIJING--January 31, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--China's Sinopec (Beijing) recently announced that it will build a 1 million-ton-per-year ethylene cracker at its Qilu plant in Shandong, along with ethylene oxide, butadiene, aromatic extraction units and more. In total the company's planned investments in the complex total more than US$2 billion.