Sinopec Engineering and Kazakhstan Petrochemical Industries terminate $1.85bn contract

    Sinopec Engineering, a subsidiary of China Petrochemical, and Kazakhstan Petrochemical Industries (KPI) have terminated their previously announced $1.85bn contract.     In June 2013, Sinopec Engineering signed an engineering, procurement and construction deal with KPI to construct propane dehydrogenation and polypropylene units.     Since then, the companies have been negotiating outstanding commercial matters.     Sinopec Engineering said...