It seems like the high price of chemical plants construction doesn't have an effect on petchem development as China National Offshore Oil Corp (CNOOC) is planning to build a petrochemical complex in Cangzhou city in northeastern Hebei province. Construction is expected to start in late 2008 with capex investment may be in the tune of $2billion. No official news have been released on the complex capacity as yet.
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Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.
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