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On August 28, Wanhua Chemical announced that it had signed an equity transfer agreement with Fujian Cornell Chemical on August 25, and Cornell Chemical would transfer its 51% stake in Fujian Cornell to RMBWanhua Chemical, the two parties will complete the equity delivery within 30 working days from the date of signing the agreeme.
On the signing date of the agreement, each shareholder of Fujian Cornell paid zero yuan in capital, and the net book assets were zero yu.
According to the announcement, Wanhua Chemical acquired Fujian Cornell Polyurethane .
Cornell Chemical Industry .
The company has an annual output of 480,000 tons of nitrobenzene, 360,000 tons of aniline, 370,000 tons of nitric acid, 80,000 tons of synthetic ammonia and mo.
and coal-to-synthesis gas, air separation and other major production facilities, also built gas boilers, sewage treatment, railway special lines,
Complete public works systems such as raw material and finished product tank far.
According to the announcement, on October 19, 2018, the 400,000-ton/year MDI project of Fujian Cornell Polyurethane .
The total investment of the 400,000-ton/year MDI project of Fujian Cornell Polyurethane .
The project is to be constructed in two phas.
In the second phase, 480,000 tons/year of nitrobenzene, 360,000 tons/year of aniline and 270,000 tons/year of nitric acid will be bui.
