Exxon Mobil starts building $10 billion China petrochemical complex: Xinhua - WHBL News

Wednesday, April 22, 2020 5:21 a.m. CDT by Thomson Reuters

FILE PHOTO: A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018.

SINGAPORE (Reuters) - Exxon Mobil Corp kicked off construction on Wednesday of its $10 billion petrochemical complex in south Chinese city Huizhou, state news agency Xinhua reported.

The complex, which consists of a 1.6 million tonnes per year ethylene facility, is one of the few mega petrochemical projects in China wholly owned by a foreign investor.

(Reporting by Chen Aizhu, editing by Louise Heavens)

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https://whbl.com/news/articles/2020/apr/22/exxon-mobil-starts-building-10-billion-china-petrochemical-complex-xinhua/1009608/?refer-section=business

2020-04-22 10:21:19Z
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