Hubei-based Yihua Chemical Industry has planned expansion with an investment of 7.501 billion Yuan. The proposed expansion plan is for production of 600,000 tons of polyvinyl chloride and 500,000 tons of caustic soda.
In the first phase, an amount of 3.75 billion Yuan will be invested to build an estimated production capacity of 300,000 tons of polyvinyl chloride and 250,000 tons of caustic soda. This is expected to generate revenue of 2.84 billion Yuan.
The project, when complete, is projected to increase sales by 5.679 billion Yuan and overall profits by 1.45 billion Yuan.
Fibre2fashion News Desk - China
marketing@alchempro.com
