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Formosa Plastics Corp., a subsidiary of Taiwan's Formosa Plastics Group, plans to build a new PDH unit in Ningbo, China, with an $800 million investment. The plant will have a propylene production capacity of 600,000 tons/year and is slated for completion by the end of 2021.
“The company’s $800 million investment plan includes constructing a new PDH plant to ensure steady propylene supply for production.”chemorbis.com
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