Luxi Chemical to invest RMB3.33 billion in organosilicone project
2022-06-30 17:00:41 [Print]
Luxi Chemical stated on June 29 that it intends to construct the first phase of a 1Mtpy organosilicone project for an annual output of 400,000t, with a total estimated investment of RMB3.33 billion (USD497 million). The project would go into operation formally by the end of 2023 and bring an annual revenue of RMB4 billion (USD598 million) as well as tax of RMB700 million (USD105 million).
Silicon Metal 4-4-1 Delivered China
Unit:RMB/mt
China silicon metal producers' number MoM output increase statistics by province by month
Unit: pcs
