BRIEF-Hengyi Petrochemical's Q1 profit up, invests in chemical project

April 17 (Reuters) - Hengyi Petrochemical Co Ltd

* Says Q1 net profit up 196.9 percent y/y at 450.1 million

yuan ($65.39 million)

* Says it plans to invest 2.5 billion yuan in chemical

project

Source text in Chinese: http://bit.ly/2ppIOJ3;

http://bit.ly/2ptl5o

Further company coverage:

($1 = 6.8830 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)