Qixiang Tengda to build $524M propylene oxide plant alone

Zibo Qixiang Tengda Chemical decided to build a propylene oxide plant with 300,000 tons annual capacity on its own, after originally planning a joint venture with SKC. The investment is nearly CNY 3.8 billion ($524 million) and construction is expected to take two years.

“The new factory will link the company's upstream and downstream companies to give Qixiang Tengda a complete industrial chain in the propane dehydrogenation sector.”yicaiglobal.com

• 1 source
• yicaiglobal.comQixiang Tengda to Build USD524 Million Propylene Oxide Plant AloneTang ShihuaSep 3, 2019

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