Asian Chemical Connections
© Rex FeaturesAfter decades of inertia in new project activity, the Russian petrochemical industry is finally stirring into action, with many facilities moving from the planning to construction phase.
At the end of January 2012, a Russian government commission rubber-stamped an ambitious plan, instigated in 2010 by then Russian prime minister Vladimir Putin, to establish a network of six petrochemical clusters across Russia.
INSIGHT: China interest rate cut does not signal stimulus-led growth
There is no need for more aggressive stimulative measures, and the prudent monetary policy will not change.”
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