Colossal drop in product prices by 60% this year triggered by deteriorating demand has caused China's largest ethylene producer Sinopec Shanghai Petro

India's Oil and Natural Gas Corporation (ONGC) has decided to proceed full throttle with its proposed petrochemicals projects at Dahej in Gujarat. ONGC Petro-Additions, a special purpose vehicle set uup with Gujarat State Petroleum Corporation has placed orders to the tune of US$1.

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