01 August 2011 10:32 [Source: ICIS news]
The yuan (CNY) 3.6bn ($559m) plant will include two lines, each with a capacity of 100,000 tonnes/year, said the source.
Construction of the plant began in early July 2010. The completed plant will help meet the strong demand in
Zhejiang Hengyi Caprolactam is a joint venture between Hengyi Petrochemical and Sinopec’s subsidiary Baling Petrochemical, said the source, who declined to disclose each party’s stake in the company.
Baling Petrochemical is one of the biggest capro producers in
($1 = CNY6.44)
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