# Rongsheng Petrochemical to build 1 million ton polyester chip project

Rongsheng Petrochemical's subsidiary Yisheng Dahua Petrochemical plans to invest 2.517 billion yuan in a multi-functional polyester chip project with an annual output of 1 million tons in Jinpu New Area, Dalian, Liaoning.

- Type: Investment
- Announced: 2019-09-30
- Where: Jinpu New Area, Dalian, Liaoning Province, China
- Value: $353.0M (2.52B CNY)
- Status: announced
- Capacity: 1 million tons per year
- Products: polyester chip
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Rongsheng Petrochemical](https://endata.com/companies/42219.md)
- [Yisheng Dahua Petrochemical Co., Ltd.](https://endata.com/companies/42402.md) (investor)

## Sources

- [echemi.com](https://www.echemi.com/cms/70585.html), 2019-09-30: "Rongsheng Petrochemical subsidiary Yisheng Dahua Petrochemical Co., Ltd. intends to invest in the construction of 'Yisheng Dahua' with an annual output of more than 1 million tons."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.