China’s Shandong Hi-tech Chemical starts work on caustic soda unit

16 February 2012 08:34  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shandong Hi-tech Chemical Group started construction of its new 300,000 ion-exchange membrane caustic soda unit at Dongying in Shandong province this week, a company source said on Thursday.

The company also started the construction work of its 120,000 tonne/year epoxy chloropropane unit at the same site, the source said.

A ground breaking ceremony was held on 15 February, the source added.

The two units will cost yuan(CNY) 2.8bn ($445m) and will be build in two phases, the source said without disclosing the exact start-up date of the units.

China’s Shangdong Hi-tech Chemical Group based in Shandong, is a subsidiary company of Haike Group.

($1= CNY6.29)

By: Adele Zhu

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