Jiangshan Agrochemical&Chemicals Invested 3.614 Billion Yuan to Build a Comprehensive Utilization Project of Phosphorus Chemical Resources
Nantong Jiangshan Agrochemical & Chemicals plans to invest in the "Guizhou Jiangshan Phosphorus Chemical Resources Comprehensive Utilization Project" in Weng'an Economic Development Zone, Guizhou, China.
The total investment of the project is 3.614 billion yuan, and the construction of 50,000 tons/year flame retardant TEP, 30,000 tons/year flame retardant BDP, 20,000 tons/year flame retardant TOP, 100,000 tons/year glyphosate and supporting facilities, etc. The project construction period is 5 years, the after-tax internal rate of return is expected to be 17.71%, and the after-tax static investment recovery period is 8.39 years. The sources of project funds include capital subscribed by Guizhou Jiangshan shareholders and project financing.
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