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An update from China Sanjiang Fine Chemicals Co., Ltd. ( (HK:2198) ) is now available.
China Sanjiang Fine Chemicals Co., Ltd. has announced a supplemental agreement with Haoxing Energy Conservation to enhance the energy efficiency of its 6th phase EO/EG production facilities. The agreement involves the installation of advanced technology to modify drive motors and cooling equipment, aiming to increase output while reducing electricity consumption. This collaboration is expected to lower operational costs and enhance the company’s competitive positioning in the chemical industry.
More about China Sanjiang Fine Chemicals Co., Ltd.
China Sanjiang Fine Chemicals Co., Ltd. operates in the chemical industry, focusing on the production of ethylene oxide (EO) and ethylene glycol (EG). The company is known for its large-scale production facilities and is committed to improving operational efficiency and reducing energy costs.
Average Trading Volume: 442,484
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$2.25B
For an in-depth examination of 2198 stock, go to TipRanks’ Overview page.