Changhong Hi-Tech (605008) announced on the evening of April 29 that the company plans to invest in the construction of a new project “Acrylic Industrial Park Project” in the Binhai New Area of Maoming City, Guangdong Province. The project will disruptively use propane as a raw material to directly oxidize the intermediate product acrylic, and then use esterification and polymerization processes to produce high-value-added acrylates and SAP products, which meet the development requirements of new quality productivity. The total investment of the project is about 11.5 billion yuan.
长鸿高科：拟约115亿元投建丙烯酸产业园项目
Changhong Hi-Tech: Plans to invest about RMB 11.5 billion to build an acrylic industrial park project
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