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High Energy Environment plans to acquire 51% of Zhongxin Hongwei’s equity for RMB 140 million to lay out waste plastic recycling

On the evening of October 29, it was announced that in order to horizontally expand the comprehensive resource utilization and recycling business of PA, PET and other recycled plastic sub-categories, …

The world’s largest! Zhongjing Petrochemical’s annual output of 1 million tons of propane dehydrogenation project was delivered by Zhongjing Petrochemical

On October 31, the Fujian Zhongjing Petrochemical Phase II Propane Dehydrogenation Project with an annual output of 1 million tons, the world’s largest single propane dehydrogenation to propylene unit…

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With an investment of 12 billion yuan, the environmental impact assessment of Yangzi Petrochemical’s new project was announced! Including 1 million tons of ethylene + 100,000 tons of POE, etc.

On October 30, Jiangsu Environmental Protection Public Network released the first public announcement of the environmental impact assessment of Yangzi Petrochemical’s ethylene technology upgrade and r…

Kaizhong’s revenue in the first three quarters was 487 million yuan, with steady growth in net profit

On the evening of October 26, Kaizhong Shares announced its third quarter report for 2023. In the first three quarters, the company achieved operating income of 487 million yuan, a year-on-year increa…

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Huibai New Materials IPO on the GEM of Shenzhen Stock Exchange plans to raise 340 million yuan to deepen the development of epoxy resin

On October 26, Huibai New Materials issued a public initial public offering of stocks and listed its prospectus on the GEM. Huibai New Materials issued a public offering of 23.0667 million shares, acc…

Inditex signs three-year deal to buy recycled polyester for more than 500 million

News on October 25, Inditex signed a three-year agreement to purchase textile-to-textile recycled polyester cycora® (a post-industrial and post-consumer recycled polyester) for more than 70 million eu…

Gaomeng New Materials’ net profit in the first three quarters was 101 million yuan

Recently, Gaomeng New Materials released its third quarter report for 2023. In the first three quarters, it achieved revenue of 775 million yuan, a year-on-year increase of 4.79%; net profit attributa…

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Hongqiang completed the placement of 316 million convertible bonds and laid out ethylene oxide and propylene oxide derivatives projects

In July, the Shenzhen Stock Exchange reviewed and approved Hongqiang’s convertible bond application. On October 18, Hongqiang completed the placement of 316 million yuan of convertible bonds. The fund…

UBQ Materials raises $70 million to produce bio-based thermoplastics

On September 13, 2023, the American biomaterials company UBQ Materials announced the completion of the acquisition by Eden Global Partners led the $70 million financing, with other investors including…

The total investment is 18 billion yuan! Shenmu Shenxin’s 1.2 million tons of BDO and 600,000 tons of PBAT projects started construction

On October 15, the groundbreaking ceremony for key projects in the fourth quarter of 2023 was held in Yulin City, Shaanxi Province. Liu Bin, leader of the 7th Circuit Supervision Group for Thematic Ed…

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