Exxon Mobil starts building $10 bln China petchem complex - Xinhua - Yahoo Finance

SINGAPORE, April 22 (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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2020-04-22 09:48:00Z
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