China Zhoushan city woos Exxon Mobil for a USD7 billion ethylene plant

China Zhoushan city woos Exxon Mobil for a USD7 billion ethylene plant
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19.10.2018

MOSCOW (MRC) - The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp (XOM.N) to build a USD7 billion ethylene plant in the city south of Shanghai, it said in a statement released, as per Hydrocarbonprocessing.The facility would have annual production capacity of 1.5 million to 1.8 million tonnes, the statement said, making it larger than the 1.2 million-tonnes-per-year

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