[lbo-talk] Aramco says China refinery boost to start this yr

uvj at vsnl.com uvj at vsnl.com
Mon Jun 9 16:03:11 PDT 2008


Reuters.com

UPDATE 1-Aramco says China refinery boost to start this yr http://www.reuters.com/article/companyNewsAndPR/idUSL0427675120080604

Wed Jun 4, 2008

(adds quote, background)

DUBAI, June 4 (Reuters) - New units to triple capacity to 240,000 barrels per at China's Fujian refinery will start up this year and be fully on line by the end of the first quarter 2009, Saudi Aramco said on its website on Wednesday.

Aramco is a partner in a $5 billion project to boost the plant's capacity and add petrochemical units with China's Sinopec (0386.HK: Quote, Profile, Research) and U.S. Exxon Mobil (XOM.N: Quote, Profile, Research). http://www.reuters.com/article/companyNewsAndPR/idUSL0427675120080604



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