ExxonMobil announces final investment decision for mega China petchem project

MOSCOW (MRC) -- U.S. oil and gas major ExxonMobil announced it had made a final investment decision (FID) to build a multi-billion dollar petrochemical complex in south China"s Guangdong province, said Hydrocarbonprocessing.The firm did not specify a value for this investment. The decision, announced late on Monday, came nearly 18 mos after China"s state news agency Xinhua reported in Ap

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