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Asian Chemical Connections

BP and Indian Oil plan acetic acid jv

By Malini Hariharan Indian Oil Corp (IOC) is looking to set up a second joint venture in petrochemicals, this time with BP for production of acetic acid. The two companies have signed a memorandum of understanding (MoU) to explore the feasibility of a 1m tonnes/year plant in Gujarat state, on the west coast of India. […]

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