05 December 2011 07:24 [Source: ICIS news]
SINGAPORE (ICIS)--China’s Shandong Hualu-Hengsheng Group is planning to invest yuan (CNY) ?xml:namespace>
Construction work is expected to take 13 months to complete, the source said without providing an exact start-up date.
The polyalcohol plant will mainly use propylene and synthesis gas as feedstock, the source added.
The annual sales revenue from the new plant is estimated to be at CNY2bn, the source added.
($1 = CNY6.35)
Please visit the complete ICIS plants and projects databaseFor the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |