On December 15th,2005 the 12 million t/a refining project of Nanhai Petrochemical solely funded by China National Offshore Oil Corporation (CNOOC) held a ceremony for its groundbreaking and started construction in Petrochemical Zone of Daya Bay Economic and Technology District,Huizhou,Guangdong province with the investment of RMB19.3 billion.Approved on August 3rd,2004,the project will be completed and conducted wet commissioning in June 2008.
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