Markets :: Basic Chemicals :: Petrochemicals :: Ethylene
PetroChina, Qatar Petroleum, and Shell Ink Agreement for World-Scale Project in China
6:15 AM MST | January 20, 2012 | Natasha Alperowicz
China National Petroleum Corp. (CNPC), parent of PetroChina; Qatar Petroleum International (QPI); and Shell signed an agreement this week to proceed with a previously announced $12.6-billion refinery and petrochemical complex at Taizhou, Zhejiang Province, China. The partners signed a framework agreement with the Taizhou municipal government last October. Shell Chemicals confirms to CW that “PetroChina, Shell, and QPI have signed a joint venture heads of agreement in Doha to progress the proposed integrated refinery, petrochemical, and marketing...
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