CNSIC and Shanghai Chlor-Alkali Invest in Salt Chemical Base
September 28, 2006
CNSIC and Shanghai Chlor-Alkali Invest in Salt Chemical Base. Check it out:(SinoCast China Business Daily News Via Thomson Dialog NewsEdge) SHANGHAI, September 29, SinoCast -- 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.
Copyright 2006 SinoCast LLC Source: Financial Times Information Limited -
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