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Energy

Sinopec allowed to build nation’s No 1 refinery
By STAFF EDITOR
Published: August 28, 2008 06:31 PM
Sinopec (SNP.NY, 600028.SH, 0386.HK) has received approval from the National Development and Reform Commission to expand annual capacity at its Maoming Petrochemical refinery by 12 million tonnes to 25.5 million tons, China Business News reported. The refinery, which was established in Guangdong province in 1955, will overtake PetroChina’s (PTR.NY, 600857.SH, 0857.HK) 21 million ton Dalian Petrochemical refinery ...
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