Sinopec and Petrochina mull ethylene project in the Middle East

19-May-08
China Petrochemical Corp (Sinopec) and China National Petroleum Corp (Petrochina) are in talks with companies in the Middle East to set up a joint venture ethylene facility. A partnership is being considered with a state-owned oil firm such as Kuwait Petroleum, Saudi Basic Industries or Saudi Arabian Oil The facility will be located in the region at an estimated investment outlay of US$5 bln. The Chinese plan to finalize a plan by year-end or early 2009.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha