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    Home > Chemicals Industry > China Chemical > Sanfangxiang subsidiary plans to invest 4.515 billion yuan to expand PTA production capacity to 5 million tons

    Sanfangxiang subsidiary plans to invest 4.515 billion yuan to expand PTA production capacity to 5 million tons

    • Last Update: 2022-06-01
    • Source: Internet
    • Author: User
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    On September 28 , Sanfangxiang announced that its wholly-owned subsidiary Hailun Petrochemical plans to invest in the construction of a PTA technological transformation and expansion project with an annual output of 3.


    On September 28 , Sanfangxiang announced that its wholly-owned subsidiary Hailun Petrochemical plans to invest in the construction of a PTA technological transformation and expansion project with an annual output of 3.


    Hailun Petrochemical's existing PTA production capacity is 1.


    In addition to expanding the PTA project, Sanfangxiang will also build a polyester bottle grade chip with an annual output of 3 million tons, an annual output of 1.


    At the same time, Sanfangxiang intends to change its company name to Jiangsu Sanfangxiang Co.
    , Ltd.
    , and its registered capital will be increased from 797 million yuan to 3.
    65 billion yuan.
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