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[China Epoxy Resin Industry Online] August 15, 2006: Bluestar New Chemical Materials Co.
, Ltd.
has officially announced the construction of two new projects.
According to the company's (600299) disclosure, in order to further improve the "phenol acetone-bisphenol A-epoxy resin" industrial chain, it was decided to build a 90,000 tons/year bisphenol A plant and a 30,000 tons/year epichlorohydrin production plant.
It will be built in Nantong City and Yancheng City in Jiangsu Province.
The company announced that it plans to invest 161.
23 million yuan in a wholly-owned subsidiary, Nantong Xingchen Synthetic Materials Co.
, Ltd.