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Researched by Industrial Info Resources (Sugar Land, Texas)--Wanhua Chemical plans to invest US$3.4 billion to build a new chemical-processing plant in Penglai, Yantai, in China's Shandong province.

The project includes a 900,000-ton-per-year propane dehydrogenation unit and downstream propylene oxide, ethylene oxide, polypropylene and other units, and it is expected to be fully operational in 2025.

Industrial Info is tracking 65 chemical processing projects invested by Wanhua Group, valued at US$15.45 billion, across China. Subscribers to Industrial Info's Global Market Intelligence (GMI) click here for a list of related project reports.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.

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