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Sinochem New Net News Dongfang Shenghong issued two announcements on March 24, planning to build two major projects with a total investment of over 14 billion yuan
Oriental Shenghong announced that Lianyungang Hongke New Materials Co.
The total investment of the project is 7.
The announcement stated that the project and Shenghong Refining and Chemical (Lianyungang) Co.
Another announcement of Dongfang Shenghong stated that its second-level wholly-owned subsidiary, Honghai New Materials (Suqian) Co.
With a total investment of 6.
According to the announcement, the project is also a downstream industrial chain supporting project of Shenghong Refinery's 16 million-ton refining and chemical integration project