Released on 20/12/12

China Petrochemical Corp, also Known as Sinopec Group, signed an jointly investment contract with Dalian Wanda Group Corp Ltd in Dongying City, Shandong Province.

Sinopec Group's Shandong unit together with Wanda Group will build an acrylonitrile project for RMB 3.9 billion. The project will have the capacity to produce 260,000 tons of acrylonitrile per year.

Source China Business Newswire