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    Home > Chemicals Industry > International Chemical > Shin Honest plans to expand its petrochemical business

    Shin Honest plans to expand its petrochemical business

    • Last Update: 2022-10-02
    • Source: Internet
    • Author: User
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    At the Annual General Meeting of Shareholders of Shin Shing Honest in Mumbai, India, Mukesh Ambani, Chairman and Managing Director of Shincheng Honesty, announced that Shin Honest will invest Rs.


    In the polyester industry, the company plans to build the world's largest refined terephthalic acid (PTA) plant


    In the vinyl industry chain, Ambani announced that Xincheng will add several world-scale plants in Jamnagar and Dach and the UAE, increasing its existing capacity by more than


    In addition, Xinxin will also build India's first carbon fiber plant


    Honest Faith reported that in the first fiscal quarter of the 2022-2023 fiscal year ended June 30, the EBITDA of its petrochemical business increased by 62.



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