Hengyi Petrochemical announced that the company's subsidiary Haining Hengyi New Materials Co., Ltd. plans to invest in the construction of a “waste textile recycling project with an annual output of 300,000 tons”. The total investment of the project is expected to be 687 million yuan. After completion, the project will form 300,000 tons/year of new green recycling materials and 100,000 tons/year glucose production capacity. The construction period of the project is 15 months.

Hengyi Petrochemical announced that the company's subsidiary Haining Hengyi New Materials Co., Ltd. plans to invest in the construction of a “waste textile recycling project with an annual output of 300,000 tons”. The total investment of the project is expected to be 687 million yuan. After completion, the project will form 300,000 tons/year of new green recycling materials and 100,000 tons/year glucose production capacity. The construction period of the project is 15 months.