Hengli Petrochemicals to Invest $1.69 Billion to Build New PTA Units

Hengli Petrochemical, a Chinese polyester manufacturer is planning to add additional two 2.5 million metric ton per year purified terephthalic acid (PTA) production unit in south China. The new units’ operations are scheduled to start at the end of 2021. Hengli will invest about 11.5 billion yuan ($1.69 billion) to build the units in the … Read more