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Markets :: Basic Chemicals :: Petrochemicals :: Para-xylene

Total and Its Partners to Decide by Year-End on Indian Petchem Project

12:34 AM MDT | July 11, 2008 | Deepti Ramesh

Total and its four joint venture partners will make a final decision by year-end on a previously announced $6-billion integrated refinery and petrochemical project at Visakhapatnam, southeastern India, reports say. A final decision to go ahead with the project will be made after a feasibility study is completed in December, reports add. Total, Hindustan Petroleum (Mumbai), Gail India (New Delhi), Oil India Ltd. (New Delhi), and Mittal Energy signed an agreement last October to launch the feasibility study. The Visakhapatnam complex was originally to include a...

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