Hengli Petrochemical(Dalian,China) will invest 11.5 billion renminbi($1.6 billion) to build two purified terephthalic acid(PTA) units at the Daya Bay petrochemical park at Huizhou,Guangdong Province,China.Each PTA unit will have a production capacity of 2.5 million metric tons/year(MMt/y).The company's current production capacity for PTA is 11.6 MMt/y following the start-up of new plants at Dalian.Hengli says that the Daya Bay petrochemical park at Huizhou is one of the seven key petchem industrial bases in China.
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