Petro Oil Announces Venture to Build Plant
From United Press International
Petro Oil & Gas Inc. of Beverly Hills and Perkins Power Inc. announced a joint venture to build a $50-million polyurethane plant in Sheridan, Wyo.
Petro will arrange for construction financing, and the plant will use Petro’s coal-limestone-salt production technology, which the company plans to use in four similar plants in China.
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