Tongkun Group to invest 16 billion yuan in petrochemical polyester integration project in Rudong

Tongkun Group announced on February 13, 2019 that it signed an investment cooperation agreement to invest about 16 billion yuan to build a petrochemical polyester integration project in Jiangsu Rudong Port Economic Development Zone. The project will cover about 2,610 mu of land and produce 2*250 million tons PTA, 900,000 tons FDY, and 1,500,000 tons POY annually.

“Tong Kun shares will invest about 16 billion yuan (including tax), and about 2330 mu in the new main plant planning area of Jiangsu Rudong Port Economic Development Zone.”sjfzxm.com

• 2 sources
• sjfzxm.comTong Kun'S Shares Will Be Re Thrown 16 Billion, And 2330 Mu In The Ocean Port To Build A Petrochemical Polyester Integration Project.Feb 15, 2019
• govt.chinadaily.com.cn16-billion-yuan project to settle down in Rudong | govt.chinadaily.com.cnFeb 20, 2019

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