February 9, 2018 / 11:27 AM / in 9 months

BRIEF-Hengli Petrochemical Plans Textile Project, Units Plan Loans, Acquisition

Feb 9 (Reuters) - Hengli Petrochemical Co Ltd:

* SAYS UNIT PLANS TO INVEST 12.3 BILLION YUAN ($1.95 billion) IN NEW TEXTILE MATERIAL PROJECT

* SAYS DALIAN REFINERY UNIT PLANS TO APPLY FOR 6.0 BILLION YUAN SHORT-TERM LOAN, 39.3 BILLION YUAN SYNDICATED LOAN

* SAYS CHEMICAL FIBRE UNIT PLANS TO BUY TEXTILE FIRM FOR 127.8 MILLION YUAN Source text in Chinese: bit.ly/2nPoKxE; bit.ly/2sfXvku; bit.ly/2sfIWh2 Further company coverage: ($1 = 6.2967 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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