According to the “Nantong Release”, on October 28, the first phase of the Huafeng Swiss Biobased PTMEG project with an annual output of 500,000 tons was held at the Qidong Lusigang Economic Development Zone. Huafeng Ruixent's bio-based PTMEG project with an annual output of 500,000 tons is planned to be invested and built by Jiangsu Huafeng Ruixun Biomaterials Co., Ltd., a wholly-owned subsidiary of Huafeng Group. The products are widely used in the production of downstream materials such as spandex, polyurethane, and thermoplastic elastomers.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.