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Shanghai Material Trading launches oil depot in SCIP

May 11, 2009 (China Knowledge) - Shanghai Material Trading Co Ltd<600822>, a domestic and international trader of non-ferrous metals, petroleum products, and cars, launched Bailian Oil Depot in Shanghai Chemical Industry Park (SCIP) on Friday, sources reported. Shanghai Fuel Co Ltd, a wholly-owned subsidiary of Shanghai Material Trading, spent RMB 600 million to set up the oil depot. The

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