Total plans to invest over 1 billion euros at its Belgian refining and petrochemical complex to boost its diesel-making capacity and create cost-cutting synergies, as per Reuters. This investment could bring Europe's largest refiner extra cash of US$500 mln a year. Total wants to focus on investing in its larger, integrated petrochemical and refining plants to maximize synergies, while keeping investment at other European plants to a minimum.
25-Sep-12 
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