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Rongsheng Petrochemical announced on August 14 that its holding subsidiary Zhejiang Petrochemical C.
The total investment of the project is about 35 billion yuan, of which the investment in fixed assets is about 29 billion yua.
According to the announcement, by adding a set of 4 million tons/year ethylene and downstream chemical plants, on the one hand, it can produce more raw materials such as ethylene, propylene, butadiene, and provide sufficient raw materials for the development of downstream high value-added new materials and fine chemical industrie.
According to the data, the 40 million tons/year refining and chemical integration project invested and constructed by Zhejiang Petrochemical C.