Wanhua Chemical Invests Big for New Plant in Shandong Province

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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.

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