Yuhuang raises dollars amid US expansion plans

The privately held chemical company raised $300 million from the bond market, giving a boost to its plan to expand into the US.

Shandong Yuhuang Chemical, a privately-owned Chinese petrochemical and refinery company, made its first foray into the international bond markets this week, selling a $300 million bond that will help it finance the construction of a methanol plant in the US.

¬ Haymarket Media Limited. All rights reserved.

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