14 February 2012 09:59 [Source: ICIS news]
Xinneng Mining, which is owned by ENN Holdings Ltd and six other stockholders, operates a 600,000 tonne/year methanol plant and a 400,000 tonne/year dimethyl ether (DME) plant at Erdos in
Veyong Bio-Chemical will issue new shares at CNY10.98/share ($1.74/share) to pay for the planned acquisition, the company said in a statement to the Shanghai Stock Exchange.
Veyong Bio-Chemical Co is mainly engaged in manufacturing pesticides and biochemical products in
($1 = CNY6.30)
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