Kanghui petrochemical project plans a total investment of RMB 8 billion and will found a new polyester production base with an annual capacity of 800,000 tons, and now has completed PBT engineering plastic project with an annual capacity of 160,000 tons, 200,000 tons of new biaxially oriented polyester film (BOPET) film project as well as 200,000 tons of film grade polyester chips.