-
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
Jushi Chemical recently issued an announcement that in order to improve the industrial layout, enrich the company's product structure, and enhance the core competitiveness of its main business, Guangdong Jushi Chemical Co.
, Ltd.
held the 22nd meeting of the fifth board of directors on June 3, 2021.
At the meeting, the "Proposal on the Company's Foreign Investment and Establishment of Holding Subsidiaries" was reviewed and approved, and it was agreed to establish a holding subsidiary, Hunan Jushi Technology Co.
, Ltd.
, with a registered capital of 50 million yuan, of which the company holds 65% of the shares
.
With the newly established company as the main body of implementation, it is planned to build a production base project of modified plastic particles and wire and cable products in the concentration area of Anren County, Hunan.
The total investment of the project does not exceed RMB 160 million.
Production construction
.
Overview of the basic situation of the project: In order to enrich the product types of modified plastic particles, the company further improves the company's industrial chain structure, and at the same time takes advantage of customers to increase the proportion of the company's products in the raw material supply of the Christmas tree and Christmas ornaments industry
.
The project mainly produces modified plastic particles and wire and cable products.
Modified plastic particles can be differentiated and modified by using the company's own flame retardant to reduce production costs
.
The company has been deeply involved in the modified plastics industry.
By continuously improving product quality and after-sales service efficiency, the company has helped the company to accumulate a number of domestic and foreign advantageous holiday lighting, wire and cable customers, with certain customer resource advantages, and the company has the advantage of UL services , which can cooperate with the company's existing fire-proof holiday lighting, wire and cable products to provide customers with more labor-saving and convenient after-sales service
.
It is understood that this investment in the establishment of a holding subsidiary for project construction is based on the company's overall strategic layout, which is conducive to enriching the product structure, cooperating with the company's traditional advantageous products, and further enhancing the company's modified plastic particles in the Christmas industry.
Influence, it is of positive significance to improve the company's competitiveness in the Christmas industry
.
This investment in the establishment of a holding subsidiary, the company will invest with its own funds, the company has conducted demonstrations and feasibility analysis on the market, and will not adversely affect the company's financial status and operating results, and there will be no damage to the interests of the listed company and its shareholders
.
According to the data of Wabei.
com, Polypetrochemical is a high-performance plastic and resin high-tech enterprise with core original technology and patents.
Its main business is the research and development, production and sales of flame retardants, modified plastic particles and products
.
