Huafeng Chemical: Plans to invest in BDO project

On December 8, Huafon Chemical issued two announcements. First, the company plans to invest 5.02 billion yuan through its wholly-owned subsidiary Chongqing Fufeng Chemical Co., Ltd. to build an integrated natural gas project with an annual output of 1.1 million tons ( Phase I); second, the company plans to invest 2.04 billion yuan through its…