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...China Petroleum & Chemical Corp. said Sunday that it would reduce capital expenditures 4.2%. PetroChina Co. said Thursday that it would cut capital spending 7%.”...
...Sasol of South Africa last week unveiled a plan to convert gas into diesel fuel in Louisiana....
...ethylene and related chemicals in Louisiana, Bloomberg reports....
...Jonathan Elmi , Macquarie Capital (USA) Jonathan Elmi is a vice-president at Macquarie Capital (USA), covering small- and mid-cap regional banks....
...Dow Chemical jumped 7.2 per cent to $20.37 after the group disclosed plans to cut 5,000 full-time jobs in a move expected to save $700m in annual operating costs by 2010....
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