Huizhou Yuseen to build DMS, BDO, PTMEG and PBS project
On March 28, Yuseen's application for issuing shares to specific targets to raise RMB 3 billion was accepted by the Shenzhen Stock Exchange.
Yuseen intended to invest 2.7 billion yuan in the first phase of the comprehensive utilization of light hydrocarbons project, which will be implemented in Huizhou New Materials Industrial Park.
The project construction period is 36 months. After the completion of the project, it will provide the company with 147,600 tons/year DMS, 34,200 tons/year BDO, 46,000 tons/year PTMEG and 60,000 tons/year PBS new product capacity.
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