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Industry insider: China’s petrochemical stimulus plan to focus on refining and chemicals

In Uncategorized on February 17, 2009 at 17:05

Industry insider: China’s petrochemical stimulus plan to focus on refining and chemicals: “China’s upcoming stimulus package for the petrochemical sector will likely focus on oil refining and chemical industries, while oil and gas exploration will not be touched upon, petrochemical experts said Tuesday.

The package will more likely dedicate to the overall development of the sector in the next three years with emphasis on industrial restructuring and optimization of product mix, said sources with China Petroleum and Chemical Industry Association (CPCIA), who declined to be…”

(Via People’s Daily China.)

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