Hualian: aiming at leading PTA producer in Asia.(Company Focus)(Bosideng Corporation Limited)(Hualian Sunshine Petrochemical Co., Ltd.)

From: China Chemical Reporter | Date: October 6, 2004 | Copyright information

The 450 000 t/a PTA project (expanded to 600 000 t/a later) funded by Shenzhen Union Holdings China Company Ltd through its subordinate Hualian Sunshine Petrochemical Co., Ltd. has always been eye-catching in the market. The company has recently decided to sell the equity of Bosideng Corporation Limited at a price of over RMB200 million and the funds raised will mainly be used in the follow-up construction of the PTA project. The investment focus of the company will therefore shift ...

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