Zhejiang Satellite starts building its planned USD4.2 billion petrochemical plant next month

MOSCOW (MRC) -- Chinese chemical manufacturer Zhejiang Satellite Petrochemical Co will start building its planned USD4.2 billion petrochemical plant next month, following provincial approval for it to use U.S. ethane as feedstock, a company official said, as per Hydrocarbonprocessing. Zhejiang Satellite Petrochemical Co Ltd's plant will be the second China-based petrochemical facility aimi

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