Invested 1 Billion RMB 50,000 Tons of Chloroacetic Acid Officially Settled in Yutai

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On March 7, German CABB Company, Jinwei Coal and Electricity Company and Kingway Huasheng Company signed a joint memorandum of understanding to establish a joint venture to produce chloroacetic acid products. This marks the official settlement of the 50,000 tons chloroacetic acid project with a total investment of 1 billion yuan. Fish stand.

Yutai County is rich in mineral resources, has a good industrial base, and has great potential for development. It has initially formed traditional leading industries such as coal salt chemical industry, chlor-alkali chemical industry, and machinery manufacturing. In recent years, the county has always attached great importance to expanding opening up, attracting investment as a key measure to accelerate scientific development across the development, formulating preferential policies, improving the investment environment, and continuing to launch investment promotion campaigns, resulting in “a little breakthrough, multi-point linkage” and “citation”. To bring a series of "multiple effects."

According to reports, Kempinsky Jinwei Specialty Chemicals (Jining) Co., Ltd., through cooperation with Jinwei Coal and Power Company and Jinwei Huasheng Company, produces more than 45,000 tons of chloroacetic acid or downstream products of chloroacetic acid each year, which will make Yutai County become Chloroacetic acid is an important origin.

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