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Article: Hongda shifts investment to active calcium phosphate renovation. (Newsdesk).(Sichuan Hongda Chemical Industry Company Ltd.)(Brief Article)
- Article from:
- China Chemical Reporter
- Article date:
- December 6, 2002
CopyrightCOPYRIGHT 2002 China National Chemical Information Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sichuan Hongda Chemical Industry Co., Ltd. has decided to shift the funds raised in the stock market from the 20 000 t/a zinc sulfate renovation project with a total investment of RMB39.52 million to the 5 000 t/a active calcium phosphate renovation project. The new project will have a total investment of RMB47.6 million. The company will raise the balance of the funds itself.
According to Liu Canglong, Chairman of the company, the zinc sulfate renovation project was intended to solve the problem of residues generated in the electrolytic zinc project. With the improvement of the production process, the problem has already been solved today and there is no need to ...