09 July 2012 09:15 [Source: ICIS news]
The company held the groundbreaking ceremony for the plant on 6 July, the source added.
The company will invest a total of yuan (CNY) 4bn ($628m) and the plant will be built in two phases of 100,000 tonnes/year each, said the source.
Construction will be completed in the first half of 2013 and commercial operation is expected to start in June 2013, added the source.
($1 = CNY6.37)
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