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    Home > Chemicals Industry > New Chemical Materials > Invested 7.471 billion yuan!

    Invested 7.471 billion yuan!

    • Last Update: 2022-04-15
    • Source: Internet
    • Author: User
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     Affected by the ban on plastics, the degradable plastics industry has entered a period of rapid development
    .
    Judging from the current policy situation, environmental protection policies will become more stringent in the future, and the PBAT industry will also usher in explosive growth
    .



     Affected by the ban on plastics, the degradable plastics industry has entered a period of rapid development
    .
    Judging from the current policy situation, environmental protection policies will become more stringent in the future, and the PBAT industry will also usher in explosive growth
    .

    On March 24, Dongfang Shenghong announced that in order to further enrich the industrial chain, optimize and adjust the product structure, increase the added value of products, and improve the comprehensive competitiveness and profitability of the company, the company's third-level holding subsidiary Lianyungang Hongke New Materials Co.
    , Ltd.
    The company plans to invest in the construction of the degradable material project (phase one) (hereinafter referred to as "the project")
    .

    On March 24, Dongfang Shenghong announced that in order to further enrich the industrial chain, optimize and adjust the product structure, increase the added value of products, and improve the comprehensive competitiveness and profitability of the company, the company's third-level holding subsidiary Lianyungang Hongke New Materials Co.


    , Ltd.
    The company plans to invest in the construction of the degradable material project (phase one) (hereinafter referred to as "the project")





    The company stated that this project and Shenghong Refining and Chemical (Lianyungang) Co.
    , Ltd.
    ’s 16 million-ton refining and chemical integration project are supporting projects in the upstream and downstream industrial chains.
    The maleic anhydride method produces 1,4-butanediol, and combines with PTA produced by the company's secondary wholly-owned subsidiary Jiangsu Honggang Petrochemical Co.
    , Ltd.
    to further produce PBAT degradable materials, extending the industrial chain downstream, increasing the added value of products, and increasing the The comprehensive competitiveness and profitability of the enterprise
    .
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