PetroChina Co.- China's largest oil producer and second largest refiner, has embarked upon expansion of an ethylene plant in northeastern China's Daqing city. The total investment outlay is estimated at RMB 14 bln (US$1.9 bln), and will be utilized towards doubling of current output to 1.2 mln tons. Five supporting facilities will be also added in line with the expansion approval received from the Chinese government in June last year.
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Wednesday, January 16, 2008
PetroChina to enhance ethylene output to 1.2 mln tons at Daqing
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