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Rongsheng Petrochemical announced a 67.5 billion yuan ($9.4 billion) investment by its subsidiary Rongsheng New Materials (Zhoushan) to build a new materials project in Jintang, Zhejiang, including ABS, PC, EVA, and biodegradable plastics units. Construction period is 3 years.
“荣盛石化全资子公司荣盛新材料(舟山)有限公司拟投资建设金塘新材料项目。”chemnews.com.cn
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