China’s decade-plus quest to replace oil with coal in chemicals production is paying off for industry leader Ningxia Baofeng Energy Group Co., which pulled in record profits as crude prices soared due to the Middle East War.
China’s decade-plus quest to replace oil with coal in chemicals production is paying off for industry leader Ningxia Baofeng Energy Group Co., which pulled in record profits as crude prices soared due to the Middle East War.
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Bloomberg — Markets (EN)