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As the three subsidiaries implement the integrated project of retreating from the city to the park and carrying out production suspension and relocation, Luxi Chemical will receive a total of 1.
811 billion yuan in compensation.
Luxi Chemical Industry announced on December 26 that the company has successively signed two agreements on state-owned land use rights, receiving compensation of 535 million yuan and 320 million yuan respectively.
Prior to this, the first chemical fertilizer plant of Luxi Chemical's subsidiary had received compensation of 950 million yuan.
According to the announcement on the 26th, according to the arrangement of the Liaocheng Municipal Party Committee and the Municipal Government, due to urban planning adjustments and public interest needs, Luxi Chemical Industry Group Co.
, Ltd.
has dealt with the original wholly-owned subsidiary of Shandong Liaocheng Luxi Chemical Second Chemical Fertilizer Co.
, Ltd.
(formerly the second plant) , Shandong Liaocheng Luxi Chemical Fourth Fertilizer Co.
, Ltd.
(formerly the fourth factory) implemented the integrated project of retreating from the city to the park, and suspended production and relocation.
The company signed the "Agreement on Recovering State-owned Land Use Rights" with the Liaocheng City Natural Resources and Planning Bureau to recover the land use rights and compensate for the losses of buildings, equipment, and suspension of production and business on the ground.
The amounts were 535 million yuan and 327.
65 million yuan respectively.
yuan.
Luxi Chemical once announced on December 12 that Shandong Liaocheng Luxi Chemical First Fertilizer Co.
, Ltd.
implemented the integrated project of retreating from the city to the park, suspended production and relocation, and received a total of 953 million yuan in compensation.
On December 18, the first batch of 200 million yuan in compensation from the Liaocheng City Natural Resources and Planning Bureau arrived in the account.
Luxi Chemical said that the integration project of retreating from the city to the park has been constructed and put into operation in the company park, which has played a certain role, optimized the industrial structure in the park, and realized industrial transformation and upgrading.
A few days ago, through equity transfer, Sinochem Group officially controlled Luxi Group and became the actual controller of Luxi Chemical.
As the new owner, Sinochem Group stated that it will support Luxi Group in accelerating its development through various means such as expanding investment and industrial chain coordination, striving to build a world-class new chemical material industrial park, and promoting Luxi Group in the field of new chemical materials.
Upgrade from first-class to international first-class.
811 billion yuan in compensation.
Luxi Chemical Industry announced on December 26 that the company has successively signed two agreements on state-owned land use rights, receiving compensation of 535 million yuan and 320 million yuan respectively.
Prior to this, the first chemical fertilizer plant of Luxi Chemical's subsidiary had received compensation of 950 million yuan.
According to the announcement on the 26th, according to the arrangement of the Liaocheng Municipal Party Committee and the Municipal Government, due to urban planning adjustments and public interest needs, Luxi Chemical Industry Group Co.
, Ltd.
has dealt with the original wholly-owned subsidiary of Shandong Liaocheng Luxi Chemical Second Chemical Fertilizer Co.
, Ltd.
(formerly the second plant) , Shandong Liaocheng Luxi Chemical Fourth Fertilizer Co.
, Ltd.
(formerly the fourth factory) implemented the integrated project of retreating from the city to the park, and suspended production and relocation.
The company signed the "Agreement on Recovering State-owned Land Use Rights" with the Liaocheng City Natural Resources and Planning Bureau to recover the land use rights and compensate for the losses of buildings, equipment, and suspension of production and business on the ground.
The amounts were 535 million yuan and 327.
65 million yuan respectively.
yuan.
Luxi Chemical once announced on December 12 that Shandong Liaocheng Luxi Chemical First Fertilizer Co.
, Ltd.
implemented the integrated project of retreating from the city to the park, suspended production and relocation, and received a total of 953 million yuan in compensation.
On December 18, the first batch of 200 million yuan in compensation from the Liaocheng City Natural Resources and Planning Bureau arrived in the account.
Luxi Chemical said that the integration project of retreating from the city to the park has been constructed and put into operation in the company park, which has played a certain role, optimized the industrial structure in the park, and realized industrial transformation and upgrading.
A few days ago, through equity transfer, Sinochem Group officially controlled Luxi Group and became the actual controller of Luxi Chemical.
As the new owner, Sinochem Group stated that it will support Luxi Group in accelerating its development through various means such as expanding investment and industrial chain coordination, striving to build a world-class new chemical material industrial park, and promoting Luxi Group in the field of new chemical materials.
Upgrade from first-class to international first-class.
