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According to Zhitong Finance App, Rongsheng Petrochemical (002493.SZ) announced that in order to improve the processing depth of existing products, increase the output ratio of new material products with high added value, and further enhance the company's overall competitive strength, the company's holding subsidiary Zhejiang Petrochemical Co., Ltd. (“Zhejiang Petrochemical”) plans to invest in the transformation and upgrading of integrated refining and chemical projects. The project is estimated to have a total investment of about 19.6 billion yuan, and the construction period is expected to be 2 years.
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According to Zhitong Finance App, Rongsheng Petrochemical (002493.SZ) announced that in order to improve the processing depth of existing products, increase the output ratio of new material products with high added value, and further enhance the company's overall competitive strength, the company's holding subsidiary Zhejiang Petrochemical Co., Ltd. (“Zhejiang Petrochemical”) plans to invest in the transformation and upgrading of integrated refining and chemical projects. The project is estimated to have a total investment of about 19.6 billion yuan, and the construction period is expected to be 2 years.
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