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Sinopec to spend $3b on refining complex

(China Daily) Updated: 2012-07-05 14:52

China Petroleum & Chemical Corp, or Sinopec, will spend 19.3 billion yuan ($3 billion) to build a refining and petrochemical complex in Lianyungang, Jiangsu province, China Petrochemical Corp, the parent company, said in its online newsletter. Construction of the project will start by 2015, the report said.

Agencies - China Daily

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