BEIJING (AFX-ASIA) – Maoming Petrochemical Corp, a unit of China Petroleum & Chemical Corp (Sinopec) (SHA 600028; HK 0386; NYSE SNP), plans to invest 4.35 billion yuan to more than double its ethylene cracking capacity by the first quarter of 2006, a company official told AFX-Asia. (US$1=8.27 yuan). “About 40% of the investment will come…

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