Formosa Plastics to invest USD 800 million in PDH plant in Ningbo, China

Formosa Plastics Corp. plans to invest USD 800 million to build a propane dehydrogenation (PDH) production base in Ningbo, Zhejiang Province, China, to produce propylene. Construction is expected to start after regulatory approval and be completed by the end of 2021.

“Formosa Plastics said its board of directors has approved the investment plan, in which the company will build a propane dehydrogenation (PDH) production base in Ningbo.”gupta-verlag.com

• 1 source
• gupta-verlag.comCHINA: Formosa Plastics to invest USD 800 million in Ningbo | Dr. Gupta Verlags GmbHJan 8, 2018

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