 Home > Chemicals Industry > Rubber Plastic News > Adjusting the industrial structure Shenma shares plans to invest 180 million yuan in the PC engineering plastics industry

Adjusting the industrial structure Shenma shares plans to invest 180 million yuan in the PC engineering plastics industry

 Last Update: 2022-08-18
 Source: Internet
 Author: User

Tags

new society publishers

impact company

single use technology

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On the evening of September 23, Shenma disclosed that in order to further promote the adjustment of products and industrial structures, develop new fields of engineering plastics, and consolidate and enhance the competitiveness of the industry, the company plans to acquire Changzhou Jieming New Material Technology .

Since the company's controlling shareholder, China Pingmei Shenma Group, holds 51% of the shares of Shenma Polycarbonate Material Company, the company's transfer of 15% equity of Shenma Polycarbonate Material Company held by Changzhou Jieming Company constitutes a connected transacti.

According to the announcement, Shenma Polycarbonate Materials .

Shenma Polycarbonate Material .

As Changzhou Jieming Company failed to raise enough funds, it decided to withdraw from Shenma Polycarbonate Material Company's project investme.

PC is one of the top five engineering plastics (polyamide (PA), polycarbonate (PC), polyoxymethylene (POM), polyphenylene ether (PPO) and thermoplastic polyester (PBT.

Whatsminer believes that the company's main product PA66 is also one of the five major engineering plasti.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Barium;hydroxide monohydrate

CAS No.: 22326-55-2

Industrial Grade

$1250-1280/MT FOB

LLDPE 7610d

CAS No.:

$1-1.2/MT FOB

Bisphenol AF 1478-61-1

CAS No.: 1478-61-1

industrial grade

$1.2/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.