Friday, November 23, 2012

China eases restrictions on foreign investment in naphtha cracking, Formosa to resume investment for Ningbo ethylene plant

A decision by the Chinese government to ease restrictions on foreign investment in naphtha cracking in the mainland, has led Formosa Plastics Group, Taiwan’s largest supplier of plastics to resume itss investment in setting up manufacturing base of ethylene in Ningbo, eastern China, as per CENS.




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