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Legend to invest $2.7b in coal chemical industry

Legend Holdings Ltd has signed an agreement with Zaozhuang, eastern China’s Shandong province, to invest 18 billion yuan in building a chemicals production facility there, the Securities Times reported Tuesday.…

CNCEC net profit up 58.61% in H1

China National Chemical Engineering Co Ltd (CNCEC), one of the country’s leading engineering, procurement and construction firms, said its net profit for the first six months of 2010 grew by…

Possible Potash pricing change worries buyers

While BHP Billiton is likely to ditch a potash cartel for market-based pricing if it wins control of Potash Corp, some China-based buyers worry the changes will be to their…

BASF to build plant in Huizhou

Germany’s BASF will build a new dispersions plant in Huizhou, Guangdong Province to meet growing demand from South China, the chemicals group said Tuesday. With an annual capacity of 100,000…

Resources to fuel Zhongtai growth

Xinjiang Zhongtai Chemical Co, a chemical raw materials producer based in Urumqi, is eyeing the rich natural resources in the autonomous region for further expansion. The company, which mainly produces…

China gives final say on terephthalic acid products from S. Korea and Thailand

The final result on the anti-dumping investigation China launched on pure terephthalic acid products imported from South Korea and Thailand has been published by the Ministry of Commerce (MOC) Thursday.…