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Article: CHINA BLUECHEMICAL TO EXPAND FERTILIZER BIZ WITH CNY2-3BN
- Article from:
- AsiaInfo Services
- Article date:
- August 28, 2009
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AsiaInfo Services
08-28-2009
China BlueChemical to Expand Fertilizer Biz with CNY2-3bn
BEIJING, Aug 28, 2009 (SinoCast Daily Business Beat via COMTEX) -- An executive of China BlueChemical Ltd. (SEHK: 3983) Thursday disclosed that the company planned to expand its chemical fertilizer production capacity, with an investment of CNY 20 billion to CNY 30 billion in the following five years.
The China BlueChemical President Yang Yexin stressed that his company had successively acquired phosphorus and coal mines, which can provide enough resources for the future production of phosphorus fertilizer and coal-based urea.
In spite of the breakthrough in the phosphorus fertilizer and coal-based urea ...