Friday, September 07, 2007

Sinopec mulls raising US$5 bln for refinery and ethylene complex JV in Guangzhou

Sinopec is contemplating raising US$5 billion to build its joint-venture refinery in Guangzhou. The JV project has a capacity to refine 15 million tons of oil and produce 1 million tons of ethylene. Sinopec is in negotiations with Kuwait Petroleum Corporation (KPC), Dow Chemical and Royal Dutch/Shell for the project.

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: