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Hengli Petrochemical plans to invest 2.9 billion yuan to build a new 2.5 million tons/year PTA plant

Apr 09, 2018

 Hengli shares announced on April 8 that the company’s Sun company Hengli Petrochemical (Dalian) Co., Ltd. (hereinafter referred to as “Hengli Petrochemical”) plans to invest 2.908 billion yuan (own fund of 872 million yuan) to build an annual output of 250 "Ten million tons of PTA-4 project", the project uses the latest technology of INVISTA, the company is expected to complete the civil construction by the end of 2018, 2019Q4 try to adjust the production. The company expects the revenue of the project will reach 11.25 billion yuan after the project is put into production, and the profit after tax will be 680 million yuan.

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