Sinochem Strengthens Phosphorus Chemical Business
Year:2008 ISSUE:2
COLUMN:M & A, BUSINESS & TRADE
Click:198    DateTime:Nov.18,2008
Sinochem Strengthens Phosphorus Chemical Business    

Sinochem Corporation signed a contract with Jinning Lindu Mining Development Co., Ltd. in Kunming on December 18th, 2007 to set up a joint venture Yunnan Zhongjin Fine Phosphorus Chemical Co., Ltd. and build a fine phosphorus chemical project in Jinning, Yunnan province with an investment of RMB2.1 billion.
   The plant is to produce phosphoric acid (industrial-grade, food-grade, pharmaceutical-grade and electronic-grade), phosphates and organophosphorus pesticides.