Chinese company gets approval for $4 billion plant to use U.S. gasChristian Fernsby ▼ | August 30, 2019
Zhejiang Satellite Petrochemical has got regulatory approval to start building a 30 billion yuan ($4.2 billion) petrochemical complex in east China to process ethane from the U.S.
Asia Zhejiang Satellite Petrochemical
Topics: U.S. gas Chinese
The approval from the Jiangsu provincial government in early August comes amid the Beijing-Washington trade war, which led to a tariff being imposed on US crude oil for the first time last week. ■