Keyuan Petrochemicals, Inc. (KYNP.OB) Announces Addition of New Desulfurization Process at Its BTX Aromatics Refining Facility
Keyuan Petrochemicals Inc. is a leading independent manufacturer and supplier of various petrochemical products in China. The company's operations include an annual petrochemical manufacturing capacity of 550,000 metric tons. In addition, it has facilities for the storage and loading of both the necessary raw materials and the finished products. The company announced today that it has completed and placed into service effective July 1, 2010, a new desulfurization process at its current refining facility for BTX aromatics. By reducing the sulfur content, the company will be able to realize higher selling prices and improved margins on certain of its BTX…