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Total Signs Framework Accord for Coal-to-Olefins JV in China

10:21 AM MST | March 9, 2011 | Ian Young

Total signed a framework agreement today with the government of the autonomous region of Inner Mongolia, China and with China Power Investment Corp. (CPI; Beijing) for a previously announced coal-based petrochemical project in Inner Mongolia. Total and CPI will accelerate a feasibility study for the project and other preparatory work , following the signing. They intend to submit an official project application to the Chinese authorities in due course. The study will cover a coal-to-olefins joint venture at Ordos, Inner Mongolia. The integrated complex would be...

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