Total plans petrochemicals thrust
By Si Tingting | China Daily | Updated: 2009-03-20 07:54
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Workers drill oil wells at Shengli Oilfield in Shandong province. Li Linlin |
Total SA, Europe's third-biggest oil producer, is planning to set up new refining and petrochemicals projects in China to take advantage of the new oil products pricing system which allows competitive pricing and an appropriate profit margin for oil refiners, said Jacques de Boisseson, chairman and general representative, Total China.
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