TITLE

The cap won't budge

AUTHOR(S)
Kovac, Matt
PUB. DATE
August 2006
SOURCE
ICIS Chemical Business;8/14/2006, Vol. 1 Issue 31, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the decision of the Taiwanese government to restrict local petrochemical companies to invest more than 40% of their capital in China. Companies like Formosa and state-owned China Petroleum Corp. will not be able to invest in crackers and oil refineries in China. But Premier Su Tseng-Chang last week refused to change the limit since China absorbs over 70% of Taiwan's external investments.
ACCESSION #
23158497

 

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