October 17, 2018 / 2:51 AM / a month ago

China's Zhoushan city says in talks with Exxon Mobil for a $7 bln ethylene plant

ZHOUSHAN, China, Oct 17 (Reuters) - China's Zhoushan city government is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene plant, it said in a statement released on Wednesday.

The facility would have annual production capacity of 1.5 million to 1.8 million tonnes, the statement said.

The city in eastern China also said it is in talks with United States-based conglomerate Honeywell for a 10,000 tonne per year catalyst production project.

Reporting by Meng Meng and Dominique Patton; editing by Richard Pullin

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