Why didn't Hengyi Petrochemical Brunei Phase II be approved?

At present, it is still waiting for the approval of relevant domestic departments.

The second phase of the Brunei project has obtained the preliminary approval letter from the Brunei government. At present, the fund needs to be approved by relevant departments in China. According to the project plan, the embankment reclamation construction is being carried out in an orderly manner, and all the work in Brunei Phase II is being promoted in an orderly manner.

Hengyi Petrochemical Co., Ltd. (hereinafter referred to as "Hengyi Petrochemical" or "Company", stock code: 000703) is a leading PTA and polyester fiber manufacturer in the world.