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According to reports, although Guizhou Province is a province with large phosphorus resources, apart from yellow phosphorus and phosphate fertilizers and other primary phosphorus chemical products, high-quality, high-value-added fine chemical products are still rare. How to turn resource advantages into economic advantages has been It is a matter of great concern to the government and the industry. Through this acquisition, Weidun (China) Chemical Co., Ltd. will integrate the resources of both parties and actively expand into the field of electronic-grade phosphorus chemical industry. At present, the company has built a new plant with a total area of ​​60 mu in the New Material Science and Technology Park of Baiyun District, and plans to invest 80 million yuan in the development of fine phosphorus chemical products within three years.
Weidun (China) Chemical Co., Ltd. is the largest wholly-owned subsidiary of Canadian Witon Company in Guizhou Province, with a total investment of 250 million yuan. It is mainly engaged in sulfuric acid production projects with a total scale of 800,000 tons/year. Guizhou Jingbo Electronics Co., Ltd. is a high-tech private enterprise in Baiyun District of Guiyang City. The red phosphorus and phosphorus oxychloride developed by the Ministry of Science and Technology are designated as national key new products and belong to the high-end products of fine-phosphorus chemical industry.
Foreign investment in Guiyang Fine Phosphorus Chemicals Witten Company formally involved
Weidun (China) Chemical Co., Ltd. officially entered the city's fine-phosphorus chemical industry by way of a merger of Guiyang's fine-phosphorus chemical production companies.