BRIEF-Shandong Fengyuan Chemical Plans Share Issue To Fund Project, Replenish Capital

Feb 27 (Reuters) - Shandong Fengyuan Chemical Co Ltd :

* SAYS IT PLANS TO RAISE UP TO 450 MILLION YUAN ($64.17 million) IN SHARE PRIVATE PLACEMENT TO FUND PROJECT, REPLENISH CAPITAL Source text in Chinese: Further company coverage: ($1 = 7.0128 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)