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May 18, 2011

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Sinopec's new plant

CHINA Petroleum and Chemical Corp, better known as Sinopec, yesterday said the company will establish a new polycarbonate production plant with an annual capacity of 260,000 tons with Saudi Basic Industries Corp at their existing joint venture in Tianjin.

The new polycarbonate production plant will be located at the companies' joint venture and is expected to be operational by 2015, Sinopec said in a statement.

The company did not disclose the investment value of the project.



 

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