Tuesday, October 20, 2009

PetroVietnam gets US$145.7 mln loan to build polypropylene unit near Dung Quat refinery

BNP Paribas, Calyon and HSBC have signed a US$145.7 mln loan with state oil group Petrovietnam to build a polypropylene unit near Dung Quat refinery- Vietnam's first oil refinery. The loan will fund cconstruction of the factory, the engineering, procurement and construction contract of which was signed with a consortium including Hyundai Engineering.

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