IHS Chemical Week

World News and Views :: Projects

ExxonMobil-Sinopec-Aramco JV in China to Cost $5 Billion

1:44 PM MDT | April 18, 2007 | Chemical Week Editorial Staff

ExxonMobil, Saudi Aramco, and Sinopec say that their previously announced petrochemical, refining, and fuel retailing joint venture in China will cost about $5 billion (CW, March 7, p. 17). Earlier estimates put the cost of the project at $3 billion-$4 billion. The companies held an inauguration ceremony in the Great Hall of the People, Beijing last month to mark the Chinese government’s approval of the jv’s contracts and the granting of business licenses. The project involves upgrading and expanding a Sinopec refinery at Quanzhou, China, and building...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa