Opportunity of the day: CNPC arms to build Etana's $11.8bn Russia PET plant; first funding from Chinese banks

The Etana polyethylene terephthalate (PET) plastics and fibre project at Maisky in the North Caucasus republic of Kabardino-Balkaria is being developed in three distinct phases beginning this year in Russia. The second and third stages will follow in 2019 and 2020, confirmed the head of the semi-autonomous Russian republic Yuri Kokov.

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