The year closed at investment by 2,055 foreign-funded petrochemical compani...

The year closed at investment by 2,055 foreign-funded petrochemical companies in China. Foreign titans like Exxon Mobil, Shell, BP, Total, BASF, DuPont, Bayer, and Dow Chemical Company all have projects in China's industries including oil products marketing, exploitation of natural gas, petrochemical, fine chemical, special chemical, processing of synthetic material, petrochemical storage and logistics, and products with high added-value. Most of them have long-term goals in China. 8 joint petroleum retailers have been set up by September 2007. More than 1,500 foreign-funded gas stations have come into service. The foreign companies are expected to bring in new products and technologies to China.