SOURCE: Industrial Info Resources

August 06, 2008 07:00 ET

Vietnam Contacts Sinopec to Form Joint Venture for $4.5 Billion Petrochemical Complex and Refinery, an Industrial Info News Alert

BEIJING--(Marketwire - August 6, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Vietnam National Petroleum Corporation (Petrolimex) (Hanoi, Vietnam) is reported to have contacted China Petroleum & Chemical Corporation (NYSE:SNP) (Sinopec) (Beijing) to form a joint venture to build an estimated $4.5 billion petrochemical complex and refinery in Vietnam.

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