02/25/2003
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BP-Sinopec JV awards LLDPE plants contract
Shanghai Secco Petrochemical Co. Ltd. (SSPC)a 50-50 joint venture of BP PLC and China Petrochemical Corp. (Sinopec)has awarded a $205 million turnkey contract to France's Technip-Coflexip and Sinopec Shanghai Engineering Co. (SSEC), for the design and construction of two polyethylene plants at Caojing, near Shanghai, China.