Back-up oil facility to be ready by 2009
By Wang Zhenghua | 皇冠体育app Daily | Updated: 2008-01-03 06:58
SHANGHAI: The city's first storage facility for refined oil products will be ready in early 2009 to provide a back-up energy supply.
The foundation was completed late last year at the Shanghai Chemical Industry Park, the Shanghai Securities News reported yesterday.
The project received a 520 million yuan investment from the listed arm of Shanghai's leading retailer Bailian Group.
Related Stories
- 皇冠体育app's steel, auto giant signs deal on cooperation
- Steel, auto giants form strategic tie-up
- 皇冠体育app stands out in Volkswagen's global sales
- GM, Ford, to export thousands of vehicles to 皇冠体育app
- Deals inked: Boeing, Auto Big 3 are handful
- 皇冠体育app to import more cars, auto parts from US
- GM applies for auto financing license in 皇冠体育app
- Toyota engine joint venture okayed by 皇冠体育app: report
- Auto sector drives up profits
Photo
