# Hengli Petrochemical to invest $1.69B in two PTA units in Huizhou

Hengli Petrochemical plans to invest about US$1.69 billion to build two 2.5 million-tonne/year PTA production units in the Daya Bay petrochemical park at Huizhou, Guangdong, China, with startup scheduled for end of 2021.

- Type: Investment
- Announced: 2020-10-06
- Where: Daya Bay, Huizhou, Guangdong, China
- Value: $1.69B
- Starts operating: 2021
- Status: announced
- Capacity: 5 million tonnes/year (2 x 2.5 million tonnes/year)
- Products: purified terephthalic acid (PTA)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hengli Petrochemical](https://endata.com/companies/951.md)

## Sources

- [eog-asia.com](http://www.eog-asia.com/hengli-investing-us1-7-bn-in-pta-units-in-china/), 2020-10-06: "Hengli will invest about US$1.69 billion to build the units in the Daya bay petrochemical park at Huizhou in Guangdong province, subject to governmental approvals."

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