Wednesday, September 10, 2008

Reichhold inks LOI with TEDA to set up resin plant in China

US-based Reichhold and China's Tianjin Economic Development Area (TEDA) have inked a letter of intent (LOI) to set underway the 50,000 tpa unsaturated polyester resins project in Tianjin. The polyesteer plant is expected to attract a total investment of US$40 mln and has a registered capital of about US$12 mln.

For more details on Reichhold inks LOI with TEDA to set up resin plant in China click here

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