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Sinochem teapotBNN
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76% Informative
Two oil refiners in China run by chemical conglomerate Sinochem Group declared bankrupt.
China 's so-called teapot refineries are facing lackluster demand for fuels as the nation’s economic recovery fails to gather pace.
That has led to plummeting operating rates at the teapots clustered in Shandong .
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87
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95
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9
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English
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61
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