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China Prosperity (Jiangyin) Petrochemical Co., Ltd. is co-invested by Jiangyin Chengxing Industrial Group Co., Ltd. |
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| The company is located in Shizhuang Industrial Park,Lingang New City, Jiangyin, occupying 360,000 square meters. By taking advantage of the existing public utilities owned by Chengxing Group, such as the 50,000DWT bulk liquid chemicals jetty, 200,000CBM liquid chemicals storage tanks and Chengxing Shizhuang Thermal Power Plant which was acquired with 400 million RMB, China Prosperity (Jiangyin) Petrochemical Co., Ltd. is constructing a 600kta PTA plant as well as related projects with a total investment of 2.8 billion RMB. The project is expected to achieve mechanical completion by July 18th, 2010. | |
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