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Oriental Shenghong(000301.SZ): Planning to invest in the construction of a 2 million tons/year coking raw material preprocessing facility and related supporting infrastructure project
Gelonghui April 2丨Oriental Shenghong (000301.SZ) announced that, to ensure the production of high-value petroleum coke products by the delayed coking units, increase product added value, thereby further strengthening the competitive advantage of its refining and chemical integration and improving the company’s competitiveness in the refining business, its wholly owned subsidiary at the second tier, Shenghong Refining (Lianyungang) Co., Ltd. (hereinafter referred to as “Shenghong Refining”), plans to invest in and build a 2-million-ton-per-year coking feedstock pretreatment unit and related supporting facilities project. The project is expected to have a total investment of approximately 2M yuan, with an estimated construction period of 2 years.