26 December 2011 07:51 [Source: ICIS news]
(recast fourth paragraph for clarity)
SINGAPORE (ICIS)--China’s Hubei Xiangyun Chemical has started building a compound fertilizer project with two 280,000 tonne/year lines at Wuxue in Hubei province, a company source said on Monday.
A groundbreaking ceremony for the project was held on 19 December, the source said.
The project will cost yuan (CNY) 199m ($31.4m), the source added.
The plant is estimated to come on stream in June 2012 after construction work is completed, the source added.
($1 = CNY6.34)
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