-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
- Cosmetic Ingredient
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
On June 27, 2022, Inner Mongolia JiuTai Advanced Materials Technology Co.
, Ltd.
(referred to as "JiuTai Advanced Materials") of Zhungeer, Ordos, Inner Mongolia, submitted a prospectus on the Hong Kong Stock Exchange, which is planned to be listed on the Hong Kong Stock Exchange.
Listed on the Main Board of Hong Kong by issuing H shares
.
.
.
It will be used as the base of the ethylene glycol project and the base of the biodegradable plastic project, of which the 1 million tons/year ethylene glycol project It will be completed by the end of 2023
.
After the ethylene glycol project is completed, it will be able to produce formaldehyde, which is used as one of the main raw materials for the production of BDO
.
270 billion, 4.
830 billion and 4.
988 billion yuan respectively, and the corresponding net profit was 96 million and 250 million respectively.
and -243 million RMB
.
.
.
It will be used as the base of the ethylene glycol project and the base of the biodegradable plastic project, of which the 1 million tons/year ethylene glycol project It will be completed by the end of 2023
.
After the ethylene glycol project is completed, it will be able to produce formaldehyde, which is used as one of the main raw materials for the production of BDO
.
270 billion, 4.
830 billion and 4.
988 billion yuan respectively, and the corresponding net profit was 96 million and 250 million respectively.
and -243 million RMB
.
The fundraising plan is used to allocate biodegradable plastic projects and working capital
.
Jiutai started planning to build a biodegradable plastic project in mid-2021
.
It is planned to build facilities with an annual output of 300,000 tons of BDO, 60,000 tons of PTMEG and 60,000 tons of PBS/PBAT.
The project is expected to start construction in 2023 and put into production in 2026
.
The total investment of the biodegradable plastic project is RMB 3,309.
8 million, covering an area of 244,937 square meters
.
As of the Latest Practicable Date, the company has not incurred any costs in the construction of the project
.
The raised funds will be used to provide part of the funds for the project construction, and the rest will be paid for by internal funds and bank borrowings
.
