Business Services Industry
CHINA: Joint venture project feasibility study for long-stalled $1,112,000,000 chemical complex if finally approved, BASF AG [Germany] & HUNTSMAN CORP. [USA] - Order #: 111802.
WWP-Business Opportunities in Asia & the Pacific, November, 2002
PROJECT OVERVIEW:
The local STATE COUNCIL has now finally approved a project feasibility study submitted by a Sino/foreign joint venture regarding the proposed construction of a chemical complex in Shanghai, China. The partners in the planned undertaking and their respective shareholdings include a consortium that teams-up Germany-based BASF AG and HUNTSMAN CORP. of the US that will jointly own a 70% interest in the venture and 4 Chinese firms. The latter comprise SHANGHAI CHLOR ALKALI CHEMICAL CO., CHINA PETROLEUM & CHEMICAL CORP. (SINOPEC), SINOPEC SHANGHAI and SHANGHAI GAO QIAO PETOCHEMICAL CORP.
Construction plans under consideration call for building an integrated chemical complex that will comprise: - A 160,000 metric ton per year (mt/y)...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
