CNSIC and Shanghai Chlor-Alkali Invest in Salt Chemical Base

CNSIC and Shanghai Chlor-Alkali Invest in Salt Chemical Base. Check it out:
(SinoCast Via Thomson Dialog NewsEdge) SHANGHAI, Sep 29, 2006 (SinoCast via COMTEX) --Zhenjiang Salt and Chemical Co. Ltd of China National Salt Industry Corporation (CNSIC), which is the largest salt production and sales enterprise in Asia, Shanghai Chlor-Alkali Chemical Co., Ltd, the leading company in China's chlor-alkali industry, and Dantu District People's Government have reached an Agreement on Salt and Alkali Integration Project, to invest CNY 2.8 billion in establishing the largest salt chemical base in domestic China.



This project can be divided into two phases. Phase I project includes installation of vacuum salt making plant, brine mining and transportation project, diaphragmatic alkali plant, thermal power plant and corresponding wharf and utility facility. Phase II project includes ion membrane caustic soda plant and propylene oxide plant.

From stocknews.com.cn, Page 1, Thursday, September 28, 2006
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