CHINA BECKONS MIDEAST REFINING INVESTORS

China National Chemical Import & Export Corp. (Sinochem) is ready to team up with Middle East investors to build refineries in China, OPEC News Agency reports. Sinochem Pres. Zheng Dunxun, who was part of a high level delegation led by Vice Premier Li Lanqing on a seven nation tour of the Middle East, said Sinochem also is seeking to build ethylene and fertilizer plants in the Persian Gulf. In an interview published by Beijing's Business weekly, Zheng disclosed Sinochem's plans to

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