Chinese Company Started New Petrochemical Project
CHEMMONITOR.COM – The Jiangsu-based Chinese company Hengli Group started a purified terephthalic acid (PTA) unit at Dalian site in China. The investment of the product reaches about CNY 25.9 billion or USD 4.13 billion.
The plant is forecast to generate a profit of roughly CNY 200 billion through 2012-2014.
The new project of the company is eco-friendly.