Shifeng Chemical Kicks off Synthetic Ammonia Project Phase I
Year:2009 ISSUE:36
COLUMN:M & A, BUSINESS & TRADE
Click:345    DateTime:Jan.25,2010
Shifeng Chemical Kicks off Synthetic Ammonia Project Phase I      

On December 6th, 2009 Shifeng Chemical Co., Ltd., a subsidiary of Shandong Xianglong Group, held a ceremony for construction of its first phase 10 000 t/a synthetic ammonia project in Linyi Economic Development Zone, Shandong province.
  With a total investment of RMB590 million, the whole project, occupies an areas of around 20.3 hectares, has a capacity of 300 000 t/a synthetic ammonia and is scheduled to be implemented in two phases.
  After completion of the whole project, the production value will be added by RMB600 million a year for the company.