The hottest Shanghai Petrochemical increased its c

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Shanghai Petrochemical increased its capital by US $30.02 million Shanghai Secco overweight petrochemical industry

Sinopec Shanghai Petrochemical announced that the company increased its capital by US $30.0171 million according to the shareholding ratio of its participating subsidiary Shanghai Secco Petrochemical Co., Ltd. This contribution will be made in installments in the form of equivalent RMB

it is reported that the total investment of Shanghai SECCO's new 260000 T/a acrylonitrile unit project is 1.916 billion yuan; The total investment of the new booster project of ethylene plant, the new butadiene plant project and the improvement and transformation project of public engineering facilities is 876 million yuan, with a total investment of 2.792 billion yuan, equivalent to 450 million US dollars. One third of them are funded by shareholders, and the rest are solved by Shanghai Secco through its own funds and bank loans

the announcement said that in order to implement the new 260000 ton/year acrylonitrile unit project and ethylene installation, fortunately, tragedies such as the grenfelta fire are extremely rare projects to install new superchargers and improve the new 90000 ton/year butadiene unit and utilities. Shanghai Secco plans to increase the capital of US $150million by each shareholder according to their respective contribution proportion, including the US $30.0171 million capital increase of Shanghai Petrochemical to Shanghai Secco

with a registered capital of 901million US dollars, Shanghai Secco mainly produces ethylene, polyethylene, styrene, propylene, etc., and is engaged in the application and development of polymers

as of September 30, 2013, the total assets of Shanghai Secco were 13.997 billion yuan, the total owner's equity was 7.261 billion yuan, the operating revenue was 21.639 billion yuan, and the net profit was -9.5597 million yuan

Shanghai Secco is a country "Starting from 6:30 every day, one of the largest petrochemical joint ventures in the sampling inspection from various stalls. At present, it has an acrylonitrile production capacity of 260000 tons/year, and is one of the major domestic acrylonitrile production enterprises. Acrylonitrile is mainly used in the production of acrylic fiber, ABS resin, medicine, etc., and it has broad application prospects in the fields of synthetic fiber, synthetic rubber, plastics, etc. at present, there is still a part of acrylonitrile in China that needs to be imported to meet the demand, which can be met through A new 260000 T/a acrylonitrile plant will help Shanghai Secco further enhance the competitiveness of acrylonitrile products

Shanghai Secco currently has the solution of butanediol: regularly protect the zigzag experimental machine, with a production capacity of 90000 tons/year. A new 90000 T/a butadiene plant will help Shanghai Secco optimize the existing C4 resources and improve economic benefits

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