Hengyi Petrochemical Company Limited plans to raise 3.8 billion yuan by issuing 500 million shares through private placement for the Pulau Muara Besar’s petrochemical project in Brunei. This project is a key construction project of China’s “one belt, one road”, and will be located in Pulau Muara Besar of Brunei. The complex has a designed capacity of 1,500 kta of PX, 800 kta of benzene, 990 kta of chemical light oil, and 3,390 kta of gasoline and diesel.
