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Fuhai (Shandong) Packaging Materials Co., Ltd., a subsidiary of Fuhai Group, is constructing a 1.5 million tons/year PET packaging material project in Hekou District, Dongying City, with a total investment of about 6.92 billion yuan. The project is expected to be completed and put into production in 2025, creating over 900 new jobs.
“It is expected to be completed and put into production in 2025. When the project is fully operational, it can achieve an annual output value of 10.758 billion yuan, profits and taxes of 1.907 billion yuan, and create more than 900 new jobs.”fuhaikonggu.com
Summarized from public sources; check the original articles before acting on it.