Petrochem major Titan Chemicals to float IPO, to raise 951 Million Ringgit
27 May '05
2 min read
the company purchases naphtha from kuwait petroleum corp., abu dhabi national oil co. and saudi aramco.
it is learnt that to meet rising demand china has plans to set new plants which will boost its ethylene production by 22 percent annually until 2010, compared with average growth of 8 percent a year in the last 14 years.
this was revealed by qu guangdong, a director of research group access intelligence beijing said on may 19 at the asian petrochemical industry conference in yokohama, japan.
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