# Hainan Yisheng completes 500,000-ton PET phase III project in Yangpu

Hainan Yisheng Petrochemical completed and put into operation its third-phase PET project with an annual output of 500,000 tons in Yangpu, Hainan. The project includes two 250,000-ton production lines and started construction in December 2018 with a total investment of 836 million yuan.

- Type: Expansion
- Announced: 2020-08-05
- Where: Yangpu, Hainan, China
- Value: $120.0M (836.0M CNY)
- Starts operating: 3 Aug 2020
- Status: completed
- Capacity: 500,000 tons per year
- Products: PET (polyester bottle flake), bottle grade polyester basic chip, solid phase tackifying chip
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hainan Yisheng Petrochemical Co., Ltd.](https://endata.com/companies/43492.md)

## Sources

- [sjfzxm.com](http://www.sjfzxm.com/global/en/574751.html), 2020-08-05: "From the current operation data, the whole production unit is running well."

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