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BP-Indian Oil JV to Build Acetic Acid Plant in India

4:25 AM MST | November 28, 2011 | Deepti Ramesh

Indian Oil Corp. (IOC; New Delhi) says it has signed a memorandum of understanding with BP to explore the potential for establishing a 50-50 joint venture to build a 1-million m.t./year acetic acid plant in the state of Gujarat, India, together with...

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