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China approves S. Korean group's 35 per cent stake in Sinopec ethylene plant

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June 05, 2013 4:49 PM

BEIJING (Reuters) - China's top economic planner has approved South Korea's SK Group taking a 35 per cent stake in a US$2.7 billion (S$3.4 billion) petrochemical complex that state refiner Sinopec Corp built in central China, a government statement said on Wednesday.

 
 
 
  Reported by Straits Times 2 hours ago.

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