500 000 T/A Ethylene Starts Construction in Shenyang

摘要

The ground breaking ceremony for the 500 000 t/a ethylene project using catalytic pyrolysis process(CPP)was held in Shenyang,Liaoning province on November 29th,2005.Supported by the RMB150 million state bond,the project with a total investment of RMB3.6 billion will be constructed in Shenyang Wax Chemical Co.,Ltd that is a subsidiary company of the publicly traded Shenyang Chemical Industry Co.,Ltd.(SZ:000698).Besides,it will be greatly supported by other domestic financial institutions such as China Development Bank.