2026-11-13 02:10:46
Sinopec Exits CPL Production, Halts 200,000-Ton Capacity at Xiaogang Plant
According to MoneyDJ News, on November 12, Sinopec's board of directors decided to exit its CPL (caprolactam) business and halt the 200,000-ton CPL production line at its Xiaogang plant for decommissioning. The move aims to reduce ongoing operational losses as China now accounts for approximately 75