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Chemical Week Magazine :: New Construction Projects
PetroChina, Shell, and QP Sign Framework Agreement
8:42 AM MDT | October 28, 2011
China National Petroleum Corp. (CNPC; Beijing), the parent of PetroChina, says that CNPC, Shell, and Qatar Petroleum (QP) have signed a cooperation framework agreement with the municipal government of Taizhou, China to build jointly a previously announced integrated refinery and petrochemical complex at Taizhou. â€śThe Taizhou project will refine imported condensate to produce ethylene and other petrochemicals,â€ť CNPC says. â€śIt will spur the construction of many midstream and downstream petrochemical projects, raise the local self-sufficiency rate of...
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