On June 18th, Xinjiang Yuexin Energy Chemical Co., Ltd. laid the groundwork for the annual production of 100,000 tons of polyvinyl alcohol combined chemical project. The project is located in Chengxi Industrial Park, Yining County. It is reported that the project was jointly constructed by Guangzhou Yuetai, Nangang Building Materials, and Agricultural Division IV SDIC, with a total investment of 4 billion yuan. After the project is completed, it can realize an output value of 1.5 billion yuan, and pay taxes of nearly 200 million yuan. It can absorb more than 1,000 jobs.

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