Sinopec to Start Up Fujian Refinery Next Spring, an Industrial Info News Alert
BEIJING -- (Marketwire) -- 10/14/08 -- Researched by Industrial Info Resources (SugarLand, Texas) -- China Petroleum and Chemical Corporation (NYSE:SNP)(Sinopec) (Beijing) is nearing completion of a refinery and ethanol projectin Fujian province and will begin running it early next spring. Sinopecsaid in a news release that its Fujian branch has finished about 92% of theconstruction. The project's investors include Sinopec (50%), Saudi Arabia'sstate-owned oil company Saudi Aramco (25%) and ExxonMobil Chemical China, asubsidiary of ExxonMobil Corporation (NYSE:XOM) (Irving, Texas) (25%).
Industrial Info Resources (IIR) is a marketing information servicespecializing in industrial process, energy and financial related marketswith products and services ranging from industry news, analytics,forecasting, plant and project databases, as well as multimedia services.For more information, send inquiries to refininggroup@industrialinfo.com orvisit us online at www.industrialinfo.com.
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