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Sinopec Yizheng Chemical Fiber signed a 16.5 billion yuan investment for a 4 million tons/year high-end green new materials integration project in Yangzhou, China, with a first phase of 3 billion yuan including polyester staple fiber, bottle chips and PBT lines.
“These projects all adopt Sinopec independent R&D technology, which is the technology accumulation of Sinopec Yizheng in the field of polyester for more than 40 years.”cnc.ccfgroup.com
Summarized from public sources; check the original articles before acting on it.