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Juhua seeks help from raw materials supplier.(Inorganics)
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Zhejiang Juhua Co., Ltd. (SH: 600160) will on the basis of its RMB105 million synthetic ammonia factory set up Zhejiang Jinju Chemical Company Ltd. (tentative name) together with Shanxi Jincheng Anthracite Coal Mining Group Co., Ltd., Juhua Group Corporation and concerned personnel shareholders. The new company will develop business in coal chemical industry.
The registered capital of new company is RMB350 million. Zhejiang Juhua Co., Ltd. will contribute its synthetic ammonia factory to possess 30% equity. Shanxi ...
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