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People & Business :: Companies

BP Signs Deals in China; Builds New Acetic Acid Plant

3:31 AM MST | January 18, 2008 |

Natasha Alperowicz

BP says it has signed a series of agreements to expand its business in China. The agreements include the commercialization of clean coal conversion technologies, wind power generation, and the construction of a world scale acetic acid plant. The signing today at the Great Hall of People in Beijing was witnessed by the British prime minister Gordon Brown and the Chinese premier Wen Jiabao. "BP's total investment in China has exceeded $4 billion since our arrival some three decades ago," said Gary Dirks, BP president/Asia/Pacific and China.  BP and...

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