Guangdong Province to Invest $43.5 Billion in Refining and Ethylene Production, an Industrial Info News Alert
SOURCE:
Industrial Info Resources
2008-07-16 06:30:00
BEIJING–(EMWNews – July 16, 2008) – Researched by Industrial Info Resources (Sugar Land,
Texas) — The government of southern China’s Guangdong Province has
announced plans to invest $43.5 billion in the next five to seven years to
increase its refining capacity. The projects will include refineries and
ethylene-production plants, including a 150 million-ton-per-year integrated
refining-chemical project between China and Kuwait by China Petroleum &
Chemical Corporation (NYSE:SNP) (Sinopec) (Beijing).
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