DESCRIPTION : Dushanzi Petrochemical Co., Ltd., a subsidiary of China’s oil and gas producing company, Petro China has started operation at its newly commissioned ethylene plant in Korla, Xinjiang. The ethylene facility is a USD 1.24 billion capital project that began construction in April 2019. Ethylene is also used in the production of Ethylene glycol (used as in automotive antifreeze, inks, and paints), Polyvinyl Chloride (used in plumbing and construction), Polystyrene (used in textiles and rubber-producing industries) and many other organic materials. Track prices : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/new-ethylene-plant-commences-production-in-korla-china-7717