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  1. Sinopec units sign supply contract

    Posted Nov 13th 2003, 12:00am by Eric Ng

    ... has agreed to buy from Zhenhai 30,000 tonnes of paraxylene (PX) this year, up to 250,000 tonnes next year and 300,000 tonnes in 2005. The procurement costs will not exceed 240 million yuan (HK$222 million) this year, two billion yuan next year and 2.4 billion yuan in 2005. PX is used in the production of purified terepthalic acid, which is then used to make textiles and plastic ...

    http://www.scmp.com/article/434452/sinopec-units-sign-supply-contract

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