GE Plastics suspends polycarbonate project in China

14-Mar-07
its plastics business, to narrows its focus higher-growth businesses. These plans by GE to sell its plastics unit may have resulted in the GE Plastics Co suspending a polycarbonate joint project with China's largest oil and gas producer PetroChina Co Ltd . PetroChina Co had signed a memorandum of agreement with GE regarding a strategic partnership for a joint petrochemical project, involving the construction and operation of a polycarbonate facility.
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