Saturday, August 18, 2007

Shaw Group awarded ethylene plant contracts in China

The Shaw Group has been awarded a contract to develop two ethylene plants in China, each with a capacity to produce 800,000 tons of ethylene. The plants will be at two different separate locations and will be built for PetroChina, a subsidiary of the state-owned China National Petroleum Corp. The contract calls for technology licensing, engineering, procurement of key equipment and materials, and startup services.

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