Mitsubishi Chemical to Build Large PTA Project in Ningbo

摘要

The Mitsubishi Chemical Company of Japan and CITIC Group Company will invest in a joint venture to construct a 600kt/a PTA (paraphthalic acid) project in Daxie Development Area of Ningbo city. The JV agreement was officially signed on September 22, 2003. The investment in this project will total 316 million US dollars, among which Mitsubishi Chemical