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Sinochem New Network News On December 28, the signing ceremony of the "Agreement on Jointly Building a Degradable Plastic Industrial Base" between Henan Energy and Chemical Group, Zhongke Qicheng Private Equity Management Co.
According to the agreement, the three parties plan to invest 10 billion yuan to build 400,000 tons/year 1,4-butanediol (BDO), 600,000 tons/year polyadipate/butylene terephthalate (PBAT) and supporting projects.
According to reports, on April 10, the Henan Provincial Government Executive Meeting studied and passed the "Henan Energy and Chemical Group Reform and Rebirth Plan", which intends to realize the revitalization of Henan Energy through transformation and upgrading, technological upgrading, and asset reorganization; November 8, Henan The provincial government held a special meeting and decided to take the lead by Henan Energy to deploy a biodegradable plastic base in Henan