After a delay lasting two years, construction began last month on a $2-billion chemical plant in Zhangzhou, in China’s Fujian Province. The plant site is on the Gulei peninsula, 50 miles from Zhangzhou, a city with 4 million people. Officials in neighboring Xiamen, the original site, cancelled the project in 2007 following protests over potential pollution and health problems. Central-government agencies reassessed the project, and in January the Ministry of Environmental Protection approved an environmental impact review. The plant owner is Tenglong Aromatic PX Co. Ltd., whose parent company is the Xianglu Group, from Taiwan. The plant will produce paraxylene
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.