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    Home > Chemicals Industry > Rubber Plastic News > Suspension of production and relocation of Luxi Chemical Subsidiary received 950 million yuan in compensation

    Suspension of production and relocation of Luxi Chemical Subsidiary received 950 million yuan in compensation

    • Last Update: 2022-08-21
    • Source: Internet
    • Author: User
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    On December 12, Luxi Chemical issued an announcement on the signing of an agreement on the recovery of state-owned land use rights


    According to the announcement, according to the arrangement of the Liaocheng Municipal Party Committee and the Municipal Government, due to the adjustment of urban planning and the needs of public interests, Luxi Chemical Group Co.
    , Ltd.
    has paid the original wholly-owned subsidiary Shandong Liaocheng Luxi First Chemical Fertilizer Co.
    , Ltd.
    (hereinafter referred to as "the original No.
    1 Factory").
    ”) to implement the integration project of withdrawing from the city and entering the park, and to stop production and relocate


    It is reported that in accordance with the relevant laws and regulations such as the "Land Management Law of the People's Republic of China", "Measures for the Administration of Land Reserves", "Measures for State-owned Land Reserves in Shandong Province" and other relevant laws and regulations, and in accordance with the spirit of the meeting minutes of the Liaocheng government on the company's retreat from the city to the park, the company and Liaoning The Urban Natural Resources and Planning Bureau signed the "Agreement on Recovery of State-owned Land Use Rights" to recover the land use rights belonging to the original No.
    1 factory, and compensated for the loss of above-ground buildings, structures, equipment and production and business suspension, with a total amount of 952 million yuan


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