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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Bp Plc | LSE:BP. | London | Ordinary Share | GB0007980591 | $0.25 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.90 | 0.17% | 527.20 | 527.10 | 527.30 | 530.70 | 525.40 | 529.30 | 6,495,862 | 13:31:25 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Petroleum Refining | 211.6B | 15.24B | 0.8934 | 5.91 | 90B |
From Apr 2019 to Apr 2024
By Oliver Griffin
BP PLC (BP.LN) has signed a memorandum of understanding with Zhejiang Petroleum and Chemical Corp. to examine the potential to create a new joint venture that would build and operate an acetic acid plant in eastern China.
The oil-and-gas company said on Friday that the proposed 1 million metric ton per year plant will use its CATIVA XL technology to produce acetic acid, a versatile intermediate chemical used in a variety of products such as paints, adhesives and solvents.
Rita Griffin, chief operating officer of BP's petrochemicals business, said the agreement was a significant new opportunity for the company in one of the world's fastest-growing petrochemicals markets.
Write to Oliver Griffin at oliver.griffin@dowjones.com; @OliGGriffin
(END) Dow Jones Newswires
October 18, 2019 05:32 ET (09:32 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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