Petroquimica de Venezuela (Pequiven), Venezuela's state petrochemical company, plans to invest US$10 billion through 2012 to increase capacities at three petrochemical complexes. The three complexes are El Tablazo in the western state of Zulia, Morón in the central state of Carabobo and Jose in the eastern state of Anzoátegui.
From the current meager 3% share in gross domestic product (GDP), petrochemicals could constitute 8-10% of the country's GDP by 2012.
14-Oct-05 
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