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Exxon Mobil starts building $10 billion China petrochemical complex

Bamby

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Exxon Mobil starts building $10 billion China petrochemical complex: Xinhua

SINGAPORE (Reuters) - Exxon Mobil Corp (XOM.N) kicked off construction on Wednesday of its $10 billion petrochemical complex in south Chinese city Huizhou, state news agency Xinhua reported.

The complex, which consists of a 1.6 million tonnes per year ethylene facility, is one of the few mega petrochemical projects in China wholly owned by a foreign investor.

Reporting by Chen Aizhu, editing by Louise Heavens

https://www.reuters.com/article/us-exxonmobil-china-petrochemical/exxon-mobil-starts-building-10-billion-china-petrochemical-complex-xinhua-idUSKCN2241DJ
 
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