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China Daily | Updated: 2009-10-27 08:38

Sinopec, Kuwait ink deal

China's Sinopec and Kuwait yesterday signed a preliminary pact to build a mega refinery and petrochemical complex in Zhanjiang, Guangdong province. The deal, also signed with local governments, marks another step forward for the planned $9 billion venture after Beijing's order to relocate the plant due to environmental concerns, allowing partners to officially kick off a feasibility and environmental impact assessment.

ChiNext oversight division

IN BRIEF (Page 13)

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