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On 29 August, Yapay announced that, following a strategic evaluation, Yabao had decided to establish an independent, to-be-named wholly owned subsidiary
In September 2021, Yabao announced a new strategic positioning for the Catalysts business unit, with a focus on India and Southeast Asia, with a focus on developing the crude oil cracking chemicals market, biodiesel hydrogenics to renewable fuels, and the market
Yabao's newly established Specialty Chemicals division will include the current bromine business as well as the lithium specialty chemicals business in the current lithium business