Chinese Company Started New Petrochemical Project

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27 Sep 2012 14:47 Jane Roberts

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.

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