Friday, December 05, 2008

Year long delay in US$2.6 bln Qatar Petroleum and Honam Petrochemical Corp JV

Tight credit markets have led to a year long delay at a US$2.6 bln joint venture petrochemical plant to be built by Qatar Petroleum and South Korea's Honam Petrochemical Corp. Project financing has beeen hit, delaying project completion to 2012.

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