A consortium of Chinese and international companies said China’s State Council has approved its feasibility study for the Fujian integrated petroleum/petrochemical project. The consortium members include Fujian Petrochemical Company Limited (FPCL, an equal joint venture between Sinopec Corp. and the Fujian Province), ExxonMobil China Petroleum and Petrochemical Company Limited and Aramco Overseas Company B.V. An…

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