Dongfang Shenghong subsidiary to invest 6.034 billion yuan in POSM and polyol project

Hongwei Chemical, a subsidiary of Dongfang Shenghong, will invest 6.034 billion yuan to build a POSM and polyol project with a 3-year construction period, including 50.8 kt/year ethylbenzene, 20/45 kt/year PO/SM, and polyether polyol units.

“公司发布公告，其子公司虹威化工将投资建设POSM及多元醇项目，项目预计总投资为人民币60.34亿元，建设期为3年。”beta.zhitongcaijing.com

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• beta.zhitongcaijing.com光大证券：东方盛虹（000301.SZ）收购斯尔邦股权并投建POSM及多元醇项目，维持“买入”评级May 20, 2021

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