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In April, Wu Qing, Member of the Standing Committee of the Shanghai Municipal Party Committee and Deputy Mayor, held a video conference with Jeff Gentry, Chairman and CEO of INVISTA
.
INVISTA's upcoming adiponitrile project was listed as a major construction project in Shanghai in 2020 at the beginning of the year.
During this meeting, Vice Mayor Wu Qing asked about the progress of the project with concern
.
Vice Mayor Wu Qing congratulated the new progress of the INVISTA project, saying: "Although we are all facing the challenges brought about by the epidemic, I believe that with the joint efforts of the Shanghai Municipal Government and INVISTA, the project will be advanced on time.
, we will continue to support this key project and look forward to the groundbreaking ceremony in June
.
more than $1.
2 billion
.
As of February 24, 2020, the detailed design and equipment procurement of the project is progressing smoothly, and the process equipment purchase order has been 90% completed
.