 Home > Chemicals Industry > China Chemical > Huajin shares will acquire Liaoning Beihua

Huajin shares will acquire Liaoning Beihua

 Last Update: 2022-01-08
 Source: Internet
 Author: User

Tags

mono ethylene glycol

plant construction company

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

Sinochem News.
com News on December 27, Huajin Co.
, Ltd.
announced that the company intends to acquire all the shares of Liaoning North Chemical Industry Co.
, Ltd.
("Liaoning Beihua") held by the controlling shareholder Huajin Group.
The transaction amount is 94,494,500 yuan.

.

After the completion of this acquisition, Liaoning Beihua will become a wholly-owned subsidiary of the company and will be included in the scope of the company's consolidated statements

It is reported that Liaoning Beihua is the main entity implementing the 200,000 tons/year ethylene oxide series product project of Huajin Group during the "Eleventh Five-Year Plan" period
.

The project is an ethylene deep processing project that is directly supported and implemented simultaneously with the 450,000 tons/year ethylene and 5 million tons/year refining projects of Huajin Group’s "Eleventh Five-Year Plan".

Huajin said that Liaoning Beihua’s main raw material ethylene comes from the company’s ethylene project equipment
.

After the completion of this transaction, Liaoning Beihua will become a wholly-owned subsidiary of the company, which can make full use of the raw material advantages of the company's ethylene project, extend the industrial chain, and reduce a large number of daily connected transactions

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

ethylene glycol Liquid

CAS No.: 107-21-1

$0.9-1/KG FOB

Triethanolamine TEA 99% LIQUID SAA985654 SAA

CAS No.: 102-71-6

Pharmacy Grade

$3000-3500/MT FOB

N,N-Dipropyltryptamine monohydrochloride;3-(2-Dipropylaminoethyl) indole hydrochloride DPT HCl

CAS No.: 16382-06-2

Chemical Grade

$66-77/KG FOB

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.