Jiangsu Eastern Shenghong Subsidiary to Build Coking Raw Pre-Treatment Unit for 3.5 Billion Yuan

MT Newswires Live

04/03

Jiangsu Eastern Shenghong's (SHE:000301) subsidiary, Shenghong Refining & Chemical (Lianyungang), plans to invest 3.46 billion yuan in the construction of a coking raw material pre-treatment unit, according to a Shenzhen bourse filing on Friday.

The unit, to be located in the National Eastern-Central-Western Regional Cooperation Demonstration Zone, Lianyungang, Jiangsu Province, China, will process 2 million tons of coking raw material every year.

The construction will run for two years, the real estate developer said.

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