18 October 2011 08:42 [Source: ICIS news]
Under a supplemental agreement signed on 16 October by the three partners of the project, Oriental Energy will hold a 56% stake as the project is expected to generate big profits due to a rise in the demand of propylene, it said in a statement to the Shenzhen Stock Exchange.
The other two partners, Huachang Chemical and Feixiang Chemical, will each hold a 22% stake, the statement added.
Oriental Energy is planning to issue non-public stocks to finance the project, the statement said.
The project, in
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