China’s Inner Mongolia Yitai Chemical to build fine chemical project

15 November 2012 08:21  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Inner Mongolia Yitai Chemical plans to build a 1.2m tonne/year fine chemical project in Erdos, Inner Mongolia, a statement from the company said on Thursday.

The company will invest yuan (CNY) 19bn ($3bn) in the project and the construction period is expected to be four years, the statement added.

The Inner Mongolia Development and Reform Commission has approved the construction earlier this week, it added.

The company did not disclose when construction work will be started or the start-up date of the project.

($1 = CNY 6.23)

By: Dolly Wu
+65 6780 4359

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