Houston-New ASEAN Energy (NAE) Inc. announced it has been established to purchase an equity interest in a petrochemical complex in Southeast Asia, "one of the fastest" growing regions in the world. NAE is partnering with ChemOne Group of Singapore to support the implementation of its strategy to acquire the petrochemical complex, which will utilize next generation technology to generate greater efficiencies, lower production costs and low carbon and renewable energy, NAE noted.
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