Dagang Petrochemical Co, a China National Petroleum Corp subsidiary, has announced that it will invest 550 million yuan ($86.5 million) to continue its environmental protection campaign in Tianjin.
"The capital will be used for gasoline and ethanol production that using environmental protection techniques and sulfur treatment, and a number of other deep processing projects for gas waste," said Liu Hualin, deputy-general manager of Dagang Petrochemical.
The move was launched during the CNPC open day on June 1 when local citizens and authorities were shown the results of Dagang Petrochemical's previous environmental protection projects, which were supported by a 200 million yuan investment.
Editor:Yaling
