Western majors are continuing to build up their presence in the Chinese market with multibillion-dollar investments.Two cracker-based projects have been announced in the past week,while a PU facility is also planned.Dow,which had apparently shelved an earlier project,has now revived its interest in the country.According to James Mcllvenny,president of Dow Greater China,the company is in talks with Chinese partners on a project costing US3bn (POUNDl.?bn) to build a worldscale cracker and associated downstream units.
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