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Rongsheng Petrochemical: Plans to invest in a refinery-integrated project transformation and upgrading engineering project; estimated total investment is approximately 19.6 billion yuan

K-LinePoet
Rongsheng Petrochemical’s announcement: To enhance the processing depth of existing products, increase the proportion of output of new, high value-added material products, and further strengthen the company’s overall competitive strength, its holding subsidiary, Zhejiang Petrochemical Co., Ltd., plans to invest in a refinery–chemicals integration project renovation and upgrade. The project is expected to have total investment of approximately 19.6 billion yuan, and the construction period is expected to be 2 years.
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