RED TAPE:The company expects a September start date, but said there are certain regulations for state-owned firms that could slow its foray into the changing market
Date: May 29, 2017
By: Staff writer, with CNA
Chen is scheduled to depart for the US on June 14 on a fact-finding visit.
Chen said that CPC and its affiliates would like to invest about US$10 billion in the US, with the aim of adopting more advanced technology to produce higher-quality ethylene at a lower cost.
He said the first step is next month’s visit to the US, when he will be accompanied by Minister Without Portfolio Ho Mei-yueh (何美玥), to explore the possibility of investing in natural gas in Louisiana.