October 14, 2008
Sinopec to Start Up Fujian Refinery Next Spring, an Industrial Info News Alert
Researched by Industrial Info Resources (Sugar Land, Texas) -- China Petroleum and Chemical Corporation (NYSE:SNP) (Sinopec) (Beijing) is nearing completion of a refinery and ethanol project in Fujian province and will begin running it early next spring. Sinopec said in a news release that its Fujian branch has finished about 92% of the construction. The project's investors include Sinopec (50%), Saudi Arabia's state-owned oil company Saudi Aramco (25%) and ExxonMobil Chemical China, a subsidiary of ExxonMobil Corporation (NYSE:XOM) (Irving, Texas) (25%).
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=139951, or browse other breaking industrial news stories at www.industrialinfo.com.Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information, send inquiries to [email protected] or visit us online at www.industrialinfo.com.
Related News Articles
CNOOC's Biodiesel Project in Hainan to Begin Operation in May 2009
China and Venezuela Sign 12 Agreements Covering Four Sectors
India-Colombia Agreement Looks to Hydrocarbon and Mining Projects
Contact: Joe Govreau 713-783-5147
SOURCE: Industrial Info Resources