Shenwu Environmental Technology Co., Ltd. cancelled the acquisition of polyethylene polygeneration demonstration project.

Shenwu Environmental Technology CO., LTD is a China-based company mainly involved in the provision energy conservation and environmental protection solutions for coal chemical and petrochemical customers. The Company operates five business segments: Acetylene Chemical Industry segment, Mild Pyrolysis and Upgrading of Coal segment, Comprehensive Water Environment Management segment, Oil Refining and Chemical Engineering segment and Special Devices segment. The Company provides a new process for acetylene coal chemical industry, a new process for mild pyrolysis and upgrading of lump coal, industrial water purification system, wastewater treatment and reuse system, regenerative tube heating furnaces, needle coke devices and coal activated carbon devices. The Company operates its businesses in domestic market.