HUALU-HENGSHENG: The integrated project of the holding subsidiary has partially commenced production
HUALU-HENGSHENG announced that its holding subsidiary HUALU-HENGSHENG Co., Ltd. has completed the process for some units of its integrated project with an annual production capacity of 200,000 tons of BDO, 160,000 tons of NMP, and 30,000 tons of PBAT biodegradable materials, and has produced qualified products, entering the trial production stage. The total investment for this project is expected to be 3.387 billion yuan, with the construction funds sourced from the subsidiary's own funds and bank loans. The currently operational units include those related to BDO and NMP, which can add a production capacity of 200,000 tons/year of BDO and 50,000 tons/year of NMP products
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